News Corporation has announced a repurchase program for up to an aggregate of US$1 billion of the Company’s Nasdaq-listed Class A common stock and Class B common stock was authorized as of September 21, 2021 (the “2021 Repurchase Program”). As of July 15, 2025, an additional US$1 billion has been authorized (the “2025 Repurchase 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 Company has purchased approximately US$832,230,039 worth of Class A and Class B shares (based on total consideration paid) under the 2021 Repurchase Program.
On the previous day, a total of 25,421,209 securities were bought back for a total consideration of US$549,591,794. The highest price paid was US$30.93 on 23/09/2025, and the lowest price paid was US$14.88 on 29/09/2022. The remaining number of securities to be bought back as at the end of the previous day is approximately US$167,769,961 worth of Class A and Class B shares.
The anticipated date for the buy-back to occur is 22/9/2021. The Company has no intention to buy back a minimum number of securities and intends to buy back a maximum number of securities. The buy-back requires neither security holder approval nor does it have any restrictions on foreign participation in the buy-back. The purchase will be made for cash consideration in USD.
This represents a significant increase in the total consideration paid for the securities bought back compared to the previous period, indicating an active buy-back strategy by News Corporation. The market has reacted to these announcements by moving the company's shares -0.49% to a price of $26.25. For the full picture, make sure to review NEWS CORP's 8-K report.
