BuybackAug 10, 2026, 07:17 AM
News Corp Updates $1B Buyback; $412.7M Repurchased to Date
AI Summary
News Corp provided an update on its ongoing stock repurchase program, which is authorized to acquire up to $1 billion of its Class A and Class B common stock. As of August 7, 2026, the company has repurchased approximately $412.7 million worth of shares under the 2025 Repurchase Program. On August 7, 2026, News Corp bought back a combined 89,451 shares for a total consideration of approximately $2.68 million, with the program's stated goal to enhance shareholder value.
Key Highlights
- News Corp's stock repurchase program is authorized for up to $1 billion.
- Approximately $412.7 million worth of shares repurchased to date.
- On August 7, 2026, 62,323 Class A shares were bought back.
- Class A shares bought back for $1.79 million on August 7.
- On August 7, 2026, 27,128 Class B shares were bought back.
- Class B shares bought back for $0.89 million on August 7.
- The buyback program aims to enhance shareholder value.
Price Impact
More from NWSA