News Corporation said it bought back 66,163 shares on the previous day for US$1.79 million, bringing its cumulative repurchases under the program to about US$290.7 million.
The company’s daily buy-back filing showed 7.48 million shares were repurchased before the previous day, for total consideration of US$186.87 million. The latest purchases were made at prices ranging from US$26.88 to US$27.28 per share, compared with a wider historical range in the program of US$22.20 to US$27.40.
News Corp’s 2025 repurchase program authorizes up to US$1 billion of its Nasdaq-listed Class A and Class B common stock. The company has 362,505,701 shares on issue in the class covered by the filing, and said no ASX-listed CDIs will be repurchased. Today the company's shares have moved 1.15% to a price of $27.37. For more information, read the company's full 8-K submission here.
