other_material
confidence high
sentiment positive
materiality 0.65
News Corp authorizes additional $1B stock repurchase program; discloses daily buy-back activity
NEWS CORP
- Authorized new $1B stock repurchase program (2025 Repurchase Program) on July 15, 2025.
- On July 22, 2025, repurchased 11,527 Class A shares ($339k) and 5,773 Class B shares ($195k).
- Under 2021 Repurchase Program, ~$699.8M of $1B authorization spent; combined $2B authorized.
- Broker is Morgan Stanley; no ASX-listed CDIs bought; program aims to enhance shareholder value.
item 8.01item 9.01