Murdoch Buys 500,000 Shares Of Fox

Fox Corporation FOXA 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.

Related Links:

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.