other_material
confidence high
sentiment neutral
materiality 0.55
News Corp authorizes new $1B stock repurchase program; cumulative buyback under 2021 program ~$702M
NEWS CORP
- New $1B repurchase program authorized July 15, 2025, in addition to existing $1B program from Sept 2021.
- On July 29, 2025, News Corp repurchased 11,527 Class A shares for $337,817 and 5,773 Class B shares for $194,307.
- Cumulative purchases under the 2021 program total approximately $702.5M as of July 29, 2025.
- Morgan Stanley acts as broker for on-market purchases of Nasdaq-listed shares; no ASX CDIs are repurchased.
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