Fox Corp trusts sell shares worth $2.06 billion

Three trusts, MFT SH Family Trust, EM 2025 Family Trust, and MacLeod Family Discretionary Trust, sold shares of Fox Corp (NASDAQ:FOX) on September 10, 2025, for a total of $2.06 billion. The media giant, currently valued at $25.56 billion, maintains strong financial health with a perfect Piotroski Score of 9, according to InvestingPro data. The sales, executed at prices ranging from $33.99 to $53.46, involved both Class A and Class B common stock.

The trusts disposed of 9,498 shares of Class A Common Stock at $33.99 per share. Additionally, they sold 34,268,895 shares of Class B Common Stock at $33.99 per share and 16,835,016 shares of Class B Common Stock at $53.46 per share.

Following these transactions, the trusts no longer hold any direct or indirect interest in Fox Corp. For comprehensive analysis and additional insights about FOX, including 8 more exclusive ProTips, access the detailed Pro Research Report on InvestingPro.

In other recent news, Fox Corporation has announced significant developments involving the Murdoch family trusts. Trusts established for Prudence MacLeod, Elisabeth Murdoch, and James Murdoch plan to sell approximately 16.9 million shares of Fox’s Class B common stock through an underwritten public offering. The selling stockholders will receive all proceeds from the transaction, while Fox Corporation will not sell any shares or receive any proceeds. This decision follows the resolution of legal proceedings related to the Murdoch Family Trust, with Prudence, Elisabeth, and James Murdoch ceasing to be beneficiaries in any trust holding shares in Fox or News Corporation. New trusts are being established for Lachlan Murdoch, Grace Murdoch, and Chloe Murdoch.

Additionally, Fox Corporation announced that Lachlan Murdoch, the Executive Chair and CEO, will speak at the Goldman Sachs Communacopia & Technology Conference. This engagement is scheduled for September 10, where Murdoch is expected to address attendees at the event. These recent developments reflect ongoing changes within the Murdoch family’s involvement with Fox Corporation.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.