Murdoch bought the shares in two rounds, according to the SEC filing. He purchased 100,000 shares Tuesday at an average price of $32.24 each and then purchased a further 400,000 at an average price of $32.01 each on Wednesday.
Fox Corp. shares were trading up 0.95% at $33.05 at the time of publication in Friday’s pre-market session. The stock has a 52-week high of $41.95 and a 52-week low of $31.58.
Fox Analysts Talk Sports, Politics, Cord-Cutting After Q4 Print
The Mouse And Murdoch's House: Morgan Stanley Bullish On Post-Deal Landscape For Fox, Disney
Photo by Hudson Institute via Wikimedia.
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