News Corp reports secondary offering of class B stock
New York, September 2, 2025 — News Corporation (NASDAQ: NWSA, NWS; ASX: NWS, NWSLV) has announced a secondary offering of 14,182,161 shares of its Class B common stock. The offering is expected to generate proceeds for the trusts established for the benefit of Prudence MacLeod, Elisabeth Murdoch, James Murdoch, and their respective descendants and charitable organizations [1].
The secondary offering, which is being underwritten by Morgan Stanley, is not expected to generate proceeds for News Corp itself. The company will not be selling any shares of Class B common stock in the offering. The proceeds will be distributed to the Selling Stockholders. The offering is subject to market conditions and other conditions, and there is no assurance as to whether or when it may be completed [2].
News Corp operates as a global, diversified media and information services company. It comprises businesses across various media sectors, including information services and news, digital real estate services, and book publishing. The company is headquartered in New York and operates primarily in the United States, Australia, and the United Kingdom [1].
References:
[1] https://www.businesswire.com/news/home/20250908600266/en/News-Corp-Announces-Secondary-Offering-of-Class-B-Common-Stock
[2] https://www.stocktitan.net/news/NWS/news-corp-announces-secondary-offering-of-class-b-common-anpx2u8noew0.html
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