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Murdoch Buys 500,000 Shares Of Fox

Tanzeel Akhtar

Fox Corporation (NASDAQ: FOXA) (NASDAQ: FOX) Chairman Rupert Murdoch reported in a Thursday SEC filing that he has purchased 500,000 shares of the company at an average price of $32.06.

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.

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Photo by Hudson Institute via Wikimedia. 

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