News Corporation has announced its buy-back program, with the company authorized to repurchase up to an aggregate of US$1 billion of its Nasdaq-listed Class A common stock and Class B common stock under the 2021 Repurchase Program. As of July 15, 2025, an additional US$1 billion has been authorized under the 2025 Repurchase Program. The total number of securities on issue in the class of securities to be bought back is 374,563,691, and 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.
In the latest daily buy-back notification, News Corporation bought back 22,995,973 securities for a total consideration of US$479,953,522. This is in contrast to the previous day, where 56,213 securities were bought back for a total consideration of US$1,666,968.41. The highest price paid was US$30.75 on July 15, 2025, and 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$728,100,168 worth of Class A and Class B shares (based on total consideration paid) under the 2021 Repurchase Program. The market has reacted to these announcements by moving the company's shares -0.8% to a price of $29.61. For the full picture, make sure to review NEWS CORP's 8-K report.
