Access comprehensive financial analyses and make smarter investments - get the Manual of Investments on Amazon!

News Corp Buys Back Nearly $99 Million in Shares

News Corporation has provided an update on its buy-back program, announcing that as of March 6, 2026, the company has purchased approximately US$98,696,721 worth of Class A and Class B shares under the 2025 Repurchase Program. The total number of securities bought back or in relation to which acceptances have been received was 2,553,709 on the previous day, with a total consideration paid or payable for the securities amounting to US$61,964,010.82 and US$2,105,160.77.

The highest price paid for securities was US$27.21 on February 2, 2026, while the lowest price paid was US$22.20 on February 9, 2026. The company also disclosed that it 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.

The buy-back program aims to enhance shareholder value and has no restrictions on foreign participation or security holder approval requirements. The anticipated date for the buy-back to occur is September 22, 2021.

Goldman Sachs & Co. LLC has been named as the broker who will offer to buy back securities on the entity’s behalf, and the buy-back is being conducted for a cash consideration in US dollars.

With this update, News Corporation continues to demonstrate its commitment to returning value to shareholders through its buy-back program. Today the company's shares have moved -1.69% to a price of $26.25. For the full picture, make sure to review NEWS CORP's 8-K report.

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.

IN FOCUS