News Corporation has announced a buyback program for an aggregate of US$1 billion of the company's Nasdaq-listed Class A common stock and Class B common stock. This program was authorized as of September 21, 2021, with an additional US$1 billion authorized as of July 15, 2025.
As of the latest notification, the total number of securities bought back or in relation to which acceptances have been received is 22,563,992, with a total consideration paid or payable of US$467,320,918 and US$2,621,170.99. The highest price paid was US$30.75 on July 15, 2025, while the lowest price paid was US$14.88 on September 29, 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 under the 2021 Repurchase Program and an aggregate of US$1 billion under the 2025 Repurchase Program. To date, the company has purchased approximately US $710,550,736 worth of Class A and Class B shares (based on total consideration paid) under the 2021 Repurchase Program.
The anticipated date of the buyback is September 22, 2021, and the buyback does not require security holder approval. There are no restrictions on foreign participation in the buyback, and no other conditions need to be satisfied before the buyback offer becomes unconditional.
Goldman Sachs & Co. LLC is the broker who will offer to buy back securities on the entity’s behalf. The buyback is for cash consideration, and the price to be paid for securities bought back is not known at this time. The reason for the buyback is to enhance shareholder value.
This daily buy-back notification is submitted as of August 12, 2025. Following these announcements, the company's shares moved -0.49%, and are now trading at a price of $28.38. For more information, read the company's full 8-K submission here.
