News Corporation has announced its buy-back program for its Nasdaq-listed Class A common stock and Class B common stock. The company has authorized 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 September 21, 2021 (the “2021 Repurchase Program”). As of July 15, 2025, an additional US$1 billion has been authorized (the “2025 Repurchase Program”).
The total number of +securities on issue in the class of +securities to be bought back is 374,563,691. The company may purchase up to an aggregate of US$1 billion of 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.
The company has bought back a total of 22,883,547 +securities with a total consideration paid or payable for the +securities of US$476,624,509 and US$1,658,862.49, respectively. The highest price paid was US$30.75, and the lowest price paid was US$14.88.
To date, the company has purchased approximately US$723,080,468 worth of Class A and Class B shares (based on total consideration paid) under the 2021 Repurchase Program. The anticipated date of the buy-back is September 22, 2021. The market has reacted to these announcements by moving the company's shares 0.2% to a price of $29.53. For the full picture, make sure to review NEWS CORP's 8-K report.
