BuybackOct 16, 2026, 06:31 AM
News Corp Updates on $1B Stock Repurchase Program
AI Summary
News Corp provided an update on its stock repurchase program, disclosing daily buy-back notifications for its Class A and Class B common stock to the Australian Securities Exchange. The company is authorized to repurchase up to $1 billion in aggregate under its 2025 Repurchase Program. As of October 15, 2026, approximately $535.35 million worth of shares have been repurchased. The filing details the number of shares and consideration paid for buybacks on October 15, 2026, for both Class A and Class B shares.
Key Highlights
- News Corp's Class A and Class B common stock buyback program has repurchased approximately $535.35 million worth of shares to date.
- The company is authorized to repurchase up to an aggregate of $1 billion under the 2025 Repurchase Program.
- On October 15, 2026, 54,641 Class A shares were repurchased for $1,643,191.47.
- On October 15, 2026, 25,258 Class B shares were repurchased for $834,029.26.
- The highest price paid for Class A shares on October 15, 2026, was $30.22.
- The highest price paid for Class B shares on October 15, 2026, was $33.21.
Price Impact
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