News Corporation Announces $1 Billion Stock Repurchase Program

By Bobby Samwell • Friday, January 03 15:14 • Permanent Link

News Corporation has announced a repurchase program for up to an aggregate of US$1 billion of the Company’s Nasdaq-listed Class A common stock and Class B common stock. As of the latest daily buy-back notification, the company has bought back a total of 20,577,969 securities, totaling US$411,771,573.99. The highest price paid for securities was US$30.01 on 08/11/2024, while the lowest price paid was US$14.88 on 29/09/2022. The company is authorized to acquire up to an aggregate of US$1 billion of the Company’s Nasdaq-listed Class A common stock and Class B common stock, and to date, the company has purchased approximately US$619,510,940.11 worth of Class A and Class B shares (based on total consideration paid). The anticipated date for the buy-back to occur is 22/9/2021. Today the company's shares have moved 0.2% to a price of $27.52. For more information, read the company's full 8-K submission here.

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