News Corp (NWSA) Announces $2 Billion Buy-Back Program

By Tamara Parker • Wednesday, October 01 15:34 • Permanent Link

News Corporation (NWS) has announced its buy-back program, authorizing the repurchase of 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. As of July 15, 2025, an additional US$1 billion has been authorized under the 2025 Repurchase Program.

The company has disclosed that it 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.

As of the recent notification, the total number of securities on issue in the class of securities to be bought back is 374,934,760. The company has bought back a total of 24,377,237 securities on the previous day, with a total consideration paid of US$521,200,816. The highest price paid for a security was US$31.10, and the lowest price paid was US$14.88.

The company has also stated that it 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.

Today the company's shares have moved -4.61% to a price of $29.295. Check out the company's full 8-K submission here.

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