other_material
confidence high
sentiment positive
materiality 0.30
News Corp repurchases 18,500 shares ($552k) on May 28; cumulative buyback $678.3M
NEWS CORP
- On May 28, 2025, News Corp bought 12,327 Class A shares for $349,353 and 6,173 Class B shares for $203,158.
- Cumulative purchases under $1B authorization reached approximately $678.3 million as of May 28.
- Remaining authorization capacity is about $321.7 million for future buybacks.
- Highest Class A price paid on May 28: $28.515; Class B: $33.06.
- Broker for on-market buybacks is Morgan Stanley & Co. LLC.
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