News Corporation (NWS) has announced a buy-back program for its Nasdaq-listed Class A common stock and Class B common stock, with a total of 372,723,535 securities on issue in the class of securities to be bought back. 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 additional US$1 billion under the 2025 Repurchase Program.
As of the latest notification, the company has bought back or received acceptances for 26,825,281 securities, totaling US$586,463,109 in consideration paid on the previous day. The highest price paid for the securities was US$30.93 on 23/09/2025, and the lowest price paid was US$14.88 on 29/09/2022.
Additionally, 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 the 2025 Repurchase Program. To date, the company has purchased approximately US$886,946,413 worth of Class A and Class B shares under the 2021 Repurchase Program.
The anticipated date for the buy-back to occur is 22/9/2021, and the company has disclosed that the buy-back is intended to enhance shareholder value. These figures reveal the significant scale and impact of News Corporation's buy-back program on its capital structure and financial position. As a result of these announcements, the company's shares have moved -1.34% on the market, and are now trading at a price of $24.97. For more information, read the company's full 8-K submission here.
