other_material
confidence high
sentiment positive
materiality 0.60
News Corp authorizes additional $1B buyback, doubling repurchase capacity to $2B
NEWS CORP
- New $1B repurchase program authorized as of July 15, 2025, on top of existing $1B 2021 program.
- Under 2021 program, $698M of Class A and B shares repurchased cumulatively through July 17, 2025.
- On July 17, 2025: 10,727 Class A shares bought for $321,668; 5,373 Class B shares bought for $186,013.
- Repurchases are for Nasdaq-listed shares only; no ASX-listed CDIs will be bought under these programs.
- Morgan Stanley & Co. LLC is the broker executing the on-market repurchases.
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