News Corp stock extends buyback as Class A trades around $29

Category: Markets

Published: 2026-08-17T17:10:00.000Z

News Corp is actively continuing its $1 billion share repurchase program, having already deployed over $426 million across Class A and Class B shares through August 14, 2026. This represents about 42.6% of the total authorization, reducing the free float and demonstrating a commitment to capital returns. Class A shares are currently trading around $29.16, showing a 26% gain over the past six months, and the company also plans a dividend payment in October 2026, reinforcing a dual-track return strategy for investors.

Read the original source

News summary curated and translated by CausifyMarket. Always consult original sources before making any financial decision.