other_material
confidence high
sentiment positive
materiality 0.60
News Corp authorizes additional $1B share repurchase program; reports daily buy-back activity
NEWS CORP
- New $1B repurchase program authorized as of July 15, 2025, on top of existing $1B program from Sep 2021.
- Under the 2021 program, ~$698.7M has been deployed to date, leaving ~$301M remaining.
- On July 18, 2025, bought back 11,527 Class A shares for $345K and 5,773 Class B shares for $200K.
- Total cumulative buy-backs under the 2021 program: 22.4M Class A shares ($462M) and 11.1M Class B shares ($236M).
- Buy-backs conducted via Morgan Stanley; no ASX-listed CDIs repurchased.
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