News Corporation has announced a significant increase in its share buyback program. The company has authorized a new repurchase program for an additional US$1 billion as of July 15, 2025, on top of the existing US$1 billion 2021 Repurchase Program.
The total number of securities on issue in the class of securities to be bought back is 374,106,048, and 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.
As of the latest notification, the company has bought back 25,281,201 securities for a total consideration of US$545,900,981.04. The highest price paid for the securities was US$30.93 on September 23, 2025, and the lowest price paid was US$14.88 on September 29, 2022.
The company 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. To date, the company has purchased approximately US$826,698,553 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 1.61%, and are now trading at a price of $26.44. For more information, read the company's full 8-K submission here.
