News Corp Spends US$172M on Buybacks

By Chris Stiles • Thursday, April 09 11:24 • Permanent Link

News Corporation stepped up its repurchase activity with another US$2.15 million spent on buybacks on April 8, bringing the total bought back under its 2025 Repurchase Program to about US$172.0 million.

The company reported that it bought 86,681 securities on the previous day, after already purchasing 4,477,361 shares before that day. In total, the program has now seen about US$172,017,536 of Class A and Class B stock repurchased.

The latest purchases were made at an average cost of roughly US$24.87 a share, based on the US$2,154,482.26 spent on 86,681 securities. Across the broader program, the company said it is authorized to buy back up to US$1 billion of Nasdaq-listed Class A and Class B stock.

The highest price paid in the program so far was US$27.21 on February 2, 2026, while the lowest was US$22.20 on February 9, 2026. The company said no ASX-listed CDIs will be repurchased. As a result of these announcements, the company's shares have moved -0.04% on the market, and are now trading at a price of $24.26. For the full picture, make sure to review NEWS CORP's 8-K report.

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