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 has 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. As of the last notification, the company has purchased approximately US$125,409,827 worth of Class A and Class B shares under the 2025 Repurchase Program.
The total number of securities on issue in the class of securities to be bought back is 366,937,658, and the total number of securities proposed to be bought back is up to an aggregate of US$1 billion of Class A common stock and Class B common stock under the 2025 Repurchase Program.
The company intends to buy back a maximum number of securities and has stated 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 requires a cash consideration, and the price to be paid for securities bought back is known to be in USD. The reason for the buy-back is to enhance shareholder value.
The entity has notified ASX of the daily buy-back and has reported that as of the previous day, a total of 3,260,493 securities were bought back, or in relation to which acceptances have been received, for a total consideration of US$79,033,991.14. 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 anticipated date for the buy-back to occur is 22/9/2021. 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.
