other_material
confidence high
sentiment neutral
materiality 0.20
News Corp repurchased $536K in shares on June 26; $689.5M of $1B buyback used
NEWS CORP
- On June 26, 2025, News Corp bought back 11,527 Class A shares for ~$340,623 and 5,773 Class B shares for ~$195,874.
- Cumulative repurchases total ~$689.5 million (Class A + Class B) against the $1 billion authorization.
- Morgan Stanley & Co. LLC is the broker executing open-market purchases.
- Program covers Nasdaq-listed Class A (NWSA) and Class B (NWS) common stock; no ASX-listed CDIs are being bought back.
- Authorization does not require shareholder approval and has no foreign participation restrictions.
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