other_material
confidence high
sentiment neutral
materiality 0.35
News Corp repurchases 77,155 shares on Sept 18; cumulative buyback $770M under 2021 program
NEWS CORP
- On Sept 18, 2025, repurchased 53,756 Class A (NWSA) shares for $1.64M at avg ~$30.46.
- Also repurchased 23,399 Class B (NWS) shares for $0.79M at avg ~$33.59.
- Cumulative spend under $1B 2021 program is ~$770M; additional $1B authorized July 2025.
- Buy-back executed via Goldman Sachs; intention is to enhance shareholder value.
- No ASX-listed CDIs are repurchased; only Nasdaq-listed shares.
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