News Corporation has announced a buy-back plan for up to an aggregate of US$1 billion of the Company’s Nasdaq-listed Class A common stock and Class B common stock, which was authorized as of September 21, 2021. As of July 15, 2025, an additional US$1 billion has been authorized for the buy-back program. 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 total number of securities on issue in the class of securities to be bought back is 375,203,540, and the total number of securities proposed to be bought back is up to an aggregate of US$1 billion of Class A common stock and Class B common stock.
The buy-back does not require security holder approval, and there are no restrictions on foreign participation in the buy-back. The company intends to buy back the securities for cash consideration, and the price to be paid for securities bought back is known.
As of the latest buy-back notification, the total number of securities bought back or in relation to which acceptances have been received is 24,110,751, with a total consideration paid or payable for the securities of US$513,066,779.
The highest price paid for securities was US$30.88, and the lowest price paid was US$14.88.
The company has purchased approximately US$777,451,183 worth of Class A and Class B shares (based on total consideration paid) under the 2021 Repurchase Program. Following these announcements, the company's shares moved -0.39%, and are now trading at a price of $30.46. For more information, read the company's full 8-K submission here.
