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NEWS CORP Buys Back Over 2 Million Securities

News Corporation has provided an update on its buy-back program, announcing that as of March 2, 2026, it has bought back a total of 2,113,636 securities, or in relation to which acceptances have been received. The total consideration paid or payable for the securities amounts to US$51,346,061.56.

The highest price paid for the securities was US$27.21 on February 2, 2026, while the lowest price paid was US$22.20 on February 9, 2026. As of the end of the previous day, the company has purchased approximately US$82,196,047 worth of Class A and Class B shares (based on total consideration paid) under the 2025 Repurchase Program, which authorizes the acquisition of up to an aggregate of US$1 billion of the Company’s Nasdaq-listed Class A common stock and Class B common stock.

This update follows the initial notification of the buy-back on July 15, 2025, and the previous announcement to this update on February 27, 2026. The anticipated date for the buy-back to occur is September 22, 2021.

The buy-back program is intended to enhance shareholder value and is not applicable for selective buy-backs. 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.

Goldman Sachs & Co. LLC is the broker offering to buy back securities on the entity’s behalf. The buy-back is being conducted for a cash consideration in US dollars.

These figures demonstrate the company's ongoing commitment to returning value to its shareholders through the buy-back program, as it continues to repurchase its own securities from the open market or otherwise. The market has reacted to these announcements by moving the company's shares -1.69% to a price of $26.25. 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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