other material
confidence high
sentiment neutral
materiality 0.15
News Corp: ~$525M spent under $1B buyback; 84K shares repurchased Oct 9
NEWS CORP
- Cumulative under the July 15, 2025 $1B Repurchase Program: ~US$525,243,031 paid; 13,045,264 Class A and 6,045,532 Class B shares bought back.
- On Oct 9, 2026: 58,482 Class A shares bought at $28.91-$29.35 for US$1,705,539.81; 25,457 Class B shares at $32.00-$32.42 for US$818,928.78.
- Class A cumulative price range $22.20 (Feb 9, 2026) to $31.58 (Aug 27, 2026); Class B $25.49 (Feb 13, 2026) to $35.69 (Aug 27, 2026).
- Shares on issue: 358,555,706 Class A and 143,583,725 Class B; Goldman Sachs & Co. LLC is the broker, and the stated reason is 'to enhance shareholder value.'