News Corp Repurchases Over 66,000 Shares

By Tamara Parker • Tuesday, July 14 13:03 • Permanent Link

News Corporation has bought back 66,163 shares in its latest daily update, bringing the total repurchased under its 2025 program to 9,245,911 shares.

The company said it paid US$1.84 million for the shares on the previous day, after spending US$232.95 million on 9.18 million shares before that. Combined, the program has cost about US$361.55 million to date.

The buyback is part of a larger authorization of up to US$1 billion of Nasdaq-listed Class A and Class B common stock. News Corp said the latest repurchases were made on the open market through Goldman Sachs & Co. LLC, with the highest price paid so far at US$27.60 on June 10 and the lowest at US$22.20 on February 9.

The company’s Class A share count stood at 360,808,200 at the time of the filing. The market has reacted to these announcements by moving the company's shares -1.26% to a price of $27.38. For the full picture, make sure to review NEWS CORP's 8-K report.

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