News Corporation (NWS) has announced a repurchase program for up to an aggregate of US$1 billion of its Nasdaq-listed Class A common stock and Class B common stock, which was authorized as of September 21, 2021, and an additional US$1 billion authorized as of July 15, 2025.
As of the most recent notification, the total number of securities bought back or in relation to which acceptances have been received is 24,218,263, at a total consideration paid or payable of US$516,357,565. This represents a significant increase from the previous period, where the total number of securities bought back or in relation to which acceptances have been received was 53,756, at a total consideration paid or payable of US$1,628,064.97.
The highest price paid for these securities was US$30.93 on September 23, 2025, while the lowest price paid was US$14.88 on September 29, 2022. This indicates a fluctuation in the prices paid for the securities over time.
Furthermore, the company has disclosed an intention to buy back a maximum number of securities up to an aggregate of US$1 billion 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$782,292,747 worth of Class A and Class B shares under the 2021 Repurchase Program.
The announcement also noted that no ASX-listed CDIs will be repurchased in these programs, and the company intends to repurchase, from time to time, in the open market or otherwise, a combination of its Class A common stock and Class B common stock.
These figures demonstrate the company's active approach to capital management and returning value to its shareholders through the repurchase of its securities. The market has reacted to these announcements by moving the company's shares -0.18% to a price of $30.175. For the full picture, make sure to review NEWS CORP's 8-K report.
