News Corp Announces $1 Billion Share Repurchase

By Philip Seaworth • Tuesday, September 23 15:40 • Permanent Link

News Corporation has announced the repurchase of 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 additional US$1 billion has been authorized under the 2025 Repurchase Program. As of July 15, 2025, an additional US$1 billion has been authorized. The Company intends to repurchase, from time to time, in the open market or otherwise, a combination of the Company’s Class A common stock and Class B common stock. The total number of securities on issue in the class of securities to be bought back is 375,203,540. The company has purchased approximately US$775,000,682 worth of Class A and Class B shares (based on total consideration paid) under the 2021 Repurchase Program. The date of the announcement of the buy-back is 23/09/2025. The total number of securities bought back, or in relation to which acceptances have been received, is 24,056,995. The total consideration paid or payable for the securities is US$511,414,405. The highest price paid was US$30.86 and the lowest price paid was US$14.88. Today the company's shares have moved -0.75% to a price of $30.58. If you want to know more, read the company's complete 8-K report here.

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