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Three family trusts, MFT SH Family Trust, EM 2025 Family Trust, and MacLeod Family Discretionary Trust, sold shares of NEWS CORP (NASDAQ:NWS) Class A and Class B common stock worth approximately $1.27 billion. The sales occurred on September 10, 2025, with prices ranging from $31.98 to $33.99. The transaction represents about 7.4% of News Corp’s current $17.14 billion market capitalization. According to InvestingPro, the stock currently trades near its 52-week high of $35.58, showing strong momentum with a 17.4% return over the past year.
The trusts disposed of 7,125 Class A shares at $33.99 per share. In addition, they sold 24,256,641 Class B shares at $33.99 per share and 14,071,293 Class B shares at $31.98 per share.
Following these transactions, the trusts no longer hold any direct or indirect interest in News Corp.
In other recent news, the Murdoch family trusts announced the sale of over 14 million shares of News Corp’s Class B common stock. The shares are being offered at a price of $32.45 per share, and the selling stockholders, which include trusts for the benefit of the Murdoch family members, will receive all proceeds from the offering. Additionally, News Corp revealed that the Murdoch Family Trust has resolved ongoing litigation, leading to a restructuring of the family’s media holdings. This agreement includes the establishment of new trusts for Lachlan Murdoch, Grace Murdoch, and Chloe Murdoch, while Prudence MacLeod, Elisabeth Murdoch, and James Murdoch will no longer be beneficiaries of any trust holding shares in News Corp or Fox Corporation. In another development, Realtor.com has appointed Janakiraman Karthikeyan as its new Chief Technology Officer. Meanwhile, Presight and Dow Jones Factiva have signed a memorandum of understanding to explore AI-powered risk and compliance solutions. These recent developments highlight significant changes and strategic moves within these companies.
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