NEWS CORP (NWSA) ANNOUNCES $194.4M BUYBACKS

By Chris Stiles • Monday, April 20 16:25 • Permanent Link

News Corp reported that its 2025 repurchase program has now absorbed about US$194.4 million of the authorized US$1 billion plan, leaving roughly US$805.6 million still available for buybacks.

The company said it bought back 5,054,122 shares before the previous day and another 74,816 shares on the previous day, for a combined 5,128,938 shares. It paid US$123.1 million for the larger tranche and US$1.95 million for the smaller one, bringing total consideration to US$125.1 million across those two reporting periods.

The buyback covers Nasdaq-listed Class A and Class B common stock, not ASX-listed CDIs. News Corp said the shares are being repurchased in the open market through Goldman Sachs & Co. LLC, with the program intended to enhance shareholder value.

The company also reported the price range of recent purchases: the highest price paid was US$27.21 on Feb. 2, 2026, and the lowest was US$22.20 on Feb. 9, 2026. 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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