News Corporation Updates Buyback Plan, Totaling Approximately $447 Million

Reuters

2025/05/19

News Corporation Updates Buyback Plan, Totaling Approximately $447 Million

News Corporation has announced a buyback transaction as part of its repurchase program for up to an aggregate of US$1 billion of its Nasdaq-listed Class A and Class B common stock. The company has already purchased approximately US$674 million worth of shares. On the previous day, a portion of the buyback amounted to a consideration of approximately US$348,000.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. News Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001564708-25-000276), on May 19, 2025, and is solely responsible for the information contained therein.

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ID: 0001564708-25-000276), on May 19, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU1169590202.USD","symbol_name":"ALLSPRING (LUX)  U.S. SELECT EQUITY \"I\" (USD) ACC","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250519:nNDLbZZ8Ms:1","article_id":"2536683396","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2536683396","pubTimestamp":1747651137,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"News Corporation has announced a buyback transaction as part of its repurchase program for up to an aggregate of US$1 billion of its Nasdaq-listed Class A and Class B common stock. 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