other_material
confidence high
sentiment neutral
materiality 0.40
News Corp buys back 53,756 Class A and 23,399 Class B shares on Sept 17
NEWS CORP
- Class A: 53,756 shares repurchased for $1.62M; cumulative 23.9M shares for $506.5M.
- Class B: 23,399 shares repurchased for $774K; cumulative 11.7M shares for $258.8M.
- Combined cumulative spend under 2021 Repurchase Program: ~$767.7M.
- Two programs authorized: $1B (2021) and $1B (2025) for Class A and Class B stock.
- Goldman Sachs acts as broker; buy-back aims to enhance shareholder value.
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