other_material
confidence high
sentiment neutral
materiality 0.30
News Corp buys back ~122K shares on Aug 11; new $1B authorization in July 2025
NEWS CORP
- On Aug 11, News Corp repurchased 92,073 Class A shares (NWSA) for ~$2.62M and 30,401 Class B shares (NWS) for ~$1.00M.
- As of July 15, 2025, an additional $1B buyback authorization (2025 Repurchase Program) was approved, adding to the existing $1B 2021 program.
- Cumulative spend under the 2021 program stands at ~$710.55M out of $1B total authorization.
- Prices paid on Aug 11: Class A high $28.85, low $28.21; Class B high $33.43, low $32.69.
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