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News Corp Buys Back Over $500M in Securities

News Corporation has provided an update on its buy-back program, with a total of 24,003,239 securities bought back or in relation to which acceptances have been received. The total consideration paid or payable for these securities amounts to US$509,770,498 and US$1,643,906.86.

The highest price paid for these securities was US$30.75 on July 15, 2025, while the lowest price paid was US$14.88 on September 29, 2022. As of the previous day, the remaining number of securities to be bought back under the program is approximately US$228,309,516.

Furthermore, the company has also disclosed that an additional US$1 billion has been authorized for repurchase as of July 15, 2025. To date, the company has purchased approximately US$771,690,484 worth of Class A and Class B shares under the 2021 Repurchase Program. Following these announcements, the company's shares moved 0.38%, and are now trading at a price of $30.735. If you want to know more, read the company's complete 8-K report here.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.

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