News Corp Shares Edge Lower Ahead of Long Weekend as Buyback Gets Attention Again
News Corp Class A shares closed at $25.89 Friday, down 1.41% for the day and nearly flat for the week. The company reported $262.8 million spent so far on its $1 billion share buyback program. U.S. markets will be closed Monday for Memorial Day. News Corp recently beat third-quarter revenue estimates, posting $2.19 billion in revenue and $121 million in net income.
