other_material
confidence high
sentiment neutral
materiality 0.60
News Corp reports daily buy-back activity; new $1B repurchase program authorized July 15
NEWS CORP
- On July 25, News Corp bought back 11,527 Class A shares for $339k and 5,773 Class B shares for $194k.
- Cumulative under 2021 program: ~$701M spent; combined with 2025 program totals $2B authorization.
- New $1B repurchase program (2025) was authorized by the board as of July 15, 2025.
- Morgan Stanley acts as broker; buy-backs are on Nasdaq, not ASX-listed CDIs.
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