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Why Are Murdoch Trusts Selling 14 Million News Corp Shares at $32.45?

10:41am on Tuesday 9th of September, 2025 AEST Media
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Why Are Murdoch Trusts Selling 14 Million News Corp Shares at $32.45?

10:41am on Tuesday 9th of September, 2025 AEST
Key Points
  • 14,071,293 Class B shares priced at $32.45 each
  • Secondary offering by trusts linked to Prudence MacLeod, Elisabeth and James Murdoch
  • News Corp not issuing new shares or receiving proceeds
  • Morgan Stanley acting as sole underwriter
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