other_material
confidence high
sentiment neutral
materiality 0.50
News Corp reports daily buy-back activity; $1B new authorization, ~$760M spent to date
NEWS CORP
- On Sept 12, 2025, bought back 56,213 Class A shares for $1.65M and 24,469 Class B shares for $0.79M.
- Cumulative purchases under 2021 repurchase program total ~$760.4M; $1B authorization remains.
- New $1B repurchase program authorized July 15, 2025, has not been utilized yet.
- Class A buy-back price range: low $14.88 (Sep 2022) to high $30.75 (Jul 2025); Class B: $15.17 to $35.41.
- Company intends to continue repurchasing shares in open market subject to conditions.
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