News Corporation (ASX: NWS) has announced its buy-back program, with a total of 370,097,474 securities issued in the class of securities to be bought back. 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, with an additional US$1 billion authorized as of July 15, 2025.
As of the latest notification, the company has bought back a total of 29,663,500 securities, with a total consideration paid or payable for the securities amounting to US$660,349,272 and US$1,879,855.20 on the previous day. 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$997,565,732 worth of Class A and Class B shares under the 2021 Repurchase Program.
The company has indicated its intention to buy back a maximum number of securities, and as of the end of the previous day, the remaining number of securities to be bought back is subject to the authorized repurchase programs. As a result of these announcements, the company's shares have moved -1.69% on the market, and are now trading at a price of $26.25. For the full picture, make sure to review NEWS CORP's 8-K report.
