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News Corporation Announces $2 Billion Stock Buy-Back Program

News Corporation has announced a buy-back program for its Class A common stock and Class B common stock. The company has authorized 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 as of September 21, 2021. As of July 15, 2025, an additional US$1 billion has been authorized for the 2025 Repurchase Program.

The total number of +securities on issue in the class of +securities to be bought back is 371,106,271. 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.

For the daily buy-back notification, on the previous day, the total number of +securities bought back, or in relation to which acceptances have been received, was 28,753,448, with a total consideration paid or payable for the +securities of US$636,298,200 and US$1,847,293.55.

The highest price paid for the securities was US$30.93, while the lowest price paid was US$14.88. As of the end of the previous day, 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$961,478,146 worth of Class A and Class B shares under the 2021 Repurchase Program. As a result of these announcements, the company's shares have moved -0.93% on the market, and are now trading at a price of $25.985. For more information, read the company's full 8-K submission here.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.

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