other material
confidence high
sentiment neutral
materiality 0.40
News Corp repurchases 130,000 shares on June 22 for $3.37M under $1B buyback program
NEWS CORP
- Repurchased 86,681 Class A shares (NWSA) at avg $24.78 and 43,319 Class B shares (NWS) at avg $28.17.
- Cumulative spend under 2025 Repurchase Program reached ~$320.5M as of June 22.
- Authorized repurchase capacity remains ~$679.5M outstanding under the $1B program.
- Program runs through open market purchases; broker is Goldman Sachs & Co. LLC.