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 authorized as of July 15, 2025. The company may purchase up to an aggregate of US$1 billion of Class A common stock and Class B common stock under the 2025 Repurchase Program. As of the latest notification, the total number of +securities bought back or in relation to which acceptances have been received is 980,112, and the total consideration paid or payable for the +securities is US$24,989,904.09. The highest price paid for the securities was US$27.21 on 02/02/2026, and the lowest price paid was US$22.20 on 09/02/2026.
The company has disclosed an intention to buy back a maximum number of +securities, which is up to an aggregate of US$1 billion of Class A common stock and Class B common stock under the 2025 Repurchase Program. To date, the company has purchased approximately US$41,144,792 worth of Class A and Class B shares (based on total consideration paid) under the 2025 Repurchase Program.
Goldman Sachs & Co. LLC has been named as the broker who will offer to buy back +securities on the entity’s behalf. The anticipated date of the buy-back is 22/9/2021. The buy-back does not require security holder approval and there are no restrictions on foreign participation in the buy-back. The buy-back is for a cash consideration, and the price to be paid for +securities bought back is in USD.
The reason for the buy-back is to enhance shareholder value. This update was made on 11/02/2026, and the previous day on which +securities were bought back was 10/02/2026. The market has reacted to these announcements by moving the company's shares -1.69% to a price of $26.25. For the full picture, make sure to review NEWS CORP's 8-K report.
