BuybackOct 13, 2026, 07:01 AM
News Corp Updates Daily Stock Buyback Activity
AI Summary
News Corp filed its 8-K, including daily buy-back notifications for its Class A and Class B common stock under the 2025 Repurchase Program. The program, authorized for up to $1 billion, aims to enhance shareholder value. The company provided updates on shares repurchased and total consideration paid for both Class A and Class B shares on October 12 and October 13, 2026, with approximately $525.24 million and $527.78 million spent respectively by these dates.
Key Highlights
- News Corp provided daily buy-back notifications for Class A and Class B common stock.
- As of October 12, 2026, total Class A shares bought back were 13,045,264 for $343,050,604.56.
- As of October 12, 2026, total Class B shares bought back were not specified in the provided text for this date.
- As of October 13, 2026, total Class A shares bought back were 6,070,989 for $180,486,886.43.
- As of October 13, 2026, total Class B shares bought back were not specified in the provided text for this date.
- The company has purchased approximately $525,243,031 worth of Class A and Class B shares under the 2025 Repurchase Program as of October 12, 2026.
- The company has purchased approximately $527,782,438 worth of Class A and Class B shares under the 2025 Repurchase Program as of October 13, 2026.
Price Impact
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