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News Corp Plans $1 Billion Stock Buyback

News Corporation has announced its intention to repurchase an aggregate of up to US$1 billion of the Company's Nasdaq-listed 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 2,727,071, with a total consideration paid or payable of US$66,176,482.05. The highest price paid for these securities was US$27.21 on 02/02/2026, while the lowest price paid was US$22.20 on 09/02/2026.

The company has disclosed its intention to buy back a maximum number of securities and has indicated that it 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. However, as of the latest notification, the company has purchased approximately US$105,264,221 worth of Class A and Class B shares under the 2025 Repurchase Program.

The anticipated date for the buy-back to occur is 22/9/2021, and the Company has stated that 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 being conducted for cash consideration in US dollars and is intended to enhance shareholder value. Following these announcements, the company's shares moved -1.69%, and are now trading at 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.

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