News Corporation has provided an update on its buy-back program, with the latest announcement being made on October 27, 2025. The company's total number of securities on issue in the class of securities to be bought back is 373,756,028, with 25,561,217 securities bought back on the previous day. The total consideration paid or payable for the securities was US$553,284,001, which is a significant increase from the previous day's US$1,852,144.83.
The highest price paid for the securities was US$30.93, while the lowest price paid was US$14.88. 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$837,339,195 worth of Class A and Class B shares under the 2021 Repurchase Program.
The buy-back does not require security holder approval and there are no restrictions on foreign participation. The company has indicated that the buy-back is being conducted to enhance shareholder value.
Goldman Sachs & Co. LLC is the broker offering to buy back securities on the company’s behalf. The buy-back is being conducted for cash consideration, with the price to be paid for securities bought back being in US dollars.
The company's 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. Additionally, as of July 15, 2025, an additional US$1 billion has been authorized.
These figures demonstrate a significant increase in the company's buy-back activity and expenditure compared to the previous period, indicating a proactive approach to capital management and returning value to shareholders. The market has reacted to these announcements by moving the company's shares -0.3% to a price of $26.32. For the full picture, make sure to review NEWS CORP's 8-K report.
