other_material
confidence high
sentiment positive
materiality 0.75
News Corp authorizes additional $1B share repurchase program; new 2025 program
NEWS CORP
- New $1B authorization (2025 Repurchase Program) as of July 15, 2025; combined with $1B 2021 program.
- Cumulative purchases under 2021 program: ~$697.7M of Class A and Class B as of July 16, 2025.
- On July 16, bought 11,527 Class A shares for $342,689 and 5,773 Class B shares for $197,812.
- Highest prices paid July 16: Class A $29.93, Class B $34.52; broker Morgan Stanley & Co. LLC.
item 8.01item 9.01