NEWS CORP SPENDS $181.3M IN SHARE BUYBACKS

By Greg Peters • Wednesday, June 03 16:07 • Permanent Link

News Corporation has bought back 7,269,108 shares on the previous day and has now spent US$181.3 million on repurchases in that period, according to its latest buy-back notice.

The company said 70,004 shares were repurchased on the prior day, taking the total consideration paid for those shares to US$1.86 million.

Under its 2025 Repurchase Program, News Corp is authorized to buy back up to US$1 billion of its Nasdaq-listed Class A and Class B common stock. To date, it has purchased approximately US$282.5 million of stock under the program, leaving about US$717.5 million of capacity.

The latest filing showed the highest price paid in the program was US$27.40 a share, reached on 11 May 2026, while the lowest price paid was US$22.20, recorded on 9 February 2026.

The repurchase program was described as a means to enhance shareholder value. Following these announcements, the company's shares moved -1.25%, and are now trading at a price of $26.08. Check out the company's full 8-K submission here.

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