other_material
confidence high
sentiment neutral
materiality 0.30
News Corp updates buyback status: $683M of $1B spent as of June 10
NEWS CORP
- Total consideration paid for Class A (NWSA) and Class B (NWS) shares: $683.4M.
- On June 10, bought back 13,126 Class A shares ($366K) and 6,574 Class B shares ($210K).
- Class A cumulative: 22,067,703 shares repurchased; Class B: 10,894,943 shares.
- Broker executing open-market purchases is Morgan Stanley & Co. LLC.
- Authorization was announced Sep 2021; no change to $1B ceiling or strategy.
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