News Corp buys back $526 million in securities

By Bobby Samwell • Monday, October 06 10:11 • Permanent Link

News Corporation has announced an update to its buy-back program, with a total of 24,543,755 securities bought back on the previous trading day. The total consideration paid for these securities amounts to US$526,147,527, with the highest price paid being US$30.93 and the lowest price paid being US$14.88. Since the initial notification of the buy-back on 22/9/2021, the company has purchased approximately US$796,925,594 worth of Class A and Class B shares under the 2021 Repurchase Program. This update comes following the authorization of an additional US$1 billion under the 2025 Repurchase Program as of July 15, 2025. The company intends to repurchase a combination of its Class A common stock and Class B common stock from time to time, subject to market conditions and stock prices. As a result of these announcements, the company's shares have moved -0.59% on the market, and are now trading at a price of $28.38. For more information, read the company's full 8-K submission here.

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