other_material
confidence high
sentiment neutral
materiality 0.50
News Corp repurchases Class A & B shares; cumulative $704M spent under 2021 program; new $1B program authorized
NEWS CORP
- Cumulative spend under 2021 repurchase program: approx $704M as of Aug 1, 2025.
- On Aug 1, 2025: 11,527 Class A shares for $334,586 (avg ~$29.03) and 5,773 Class B for $192,041 (avg ~$33.27).
- New $1B authorization (2025 Repurchase Program) effective July 15, 2025, in addition to existing $1B program.
- Programs cover Nasdaq-listed Class A (NWSA) and Class B (NWS) common stock; broker is Morgan Stanley.
- Buy-backs are open market, no ASX-listed CDIs repurchased under these programs.
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