Subsequent Events |
12 Months Ended |
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Jun. 30, 2025 | |
Subsequent Events [Abstract] | |
Subsequent Events | SUBSEQUENT EVENTS Subsequent to June 30, 2025, the Company increased its semi-annual dividend and declared a semi-annual dividend of $0.28 per share on both the Class A Common Stock and the Class B Common Stock. The dividend declared is payable on September 24, 2025 with a record date for determining dividend entitlements of September 3, 2025. Subsequent to June 30, 2025, the Company repurchased a total of approximately 0.9 million shares of Class A Common Stock for $50 million in the open market. Subsequent to June 30, 2025, the Company announced that the Board has authorized incremental stock repurchases of an additional $5 billion of Class A and Class B Common Stock. With this increase, the Company’s total stock repurchase authorization is now $12 billion. In July 2025, the Company acquired a noncontrolling minority interest in a sports and entertainment company. This investment will not have a material effect on the Company’s business, financial condition, results of operations or cash flows.
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