News Corp Repurchases $179.5M in Shares

By Greg Peters • Tuesday, June 02 11:03 • Permanent Link

News Corp said it has repurchased 7,199,104 shares under its buyback program as of the previous trading day, with total consideration of US$179.5 million, and a further 70,004 shares for US$1.9 million on the prior day.

The company’s 2025 repurchase program authorizes up to US$1 billion of its Nasdaq-listed Class A and Class B common stock. To date, News Corp has bought back about US$279.7 million worth of shares under the program, leaving roughly US$720.3 million of capacity remaining.

In the latest filing, News Corp reported the highest repurchase price to date was US$27.40 a share, paid on 11 May 2026, while the lowest price paid was US$22.20 a share on 9 February 2026. The company said Goldman Sachs & Co. LLC is acting as broker for the program. Following these announcements, the company's shares moved 0.2%, and are now trading at a price of $26.855. If you want to know more, read the company's complete 8-K report here.

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