NEWS CORP (NWSA) buys back $290.7 million in stocks.

By Tamara Parker • Tuesday, June 09 16:06 • Permanent Link

News Corporation has increased the scale of its share repurchase activity under its 2025 program, saying it has bought back about US$290.7 million of Class A and Class B stock so far out of a total authorization of up to US$1 billion.

In the latest daily update, the company reported that on the previous day it repurchased 66,163 securities for US$1.79 million. That compares with 7,479,120 securities bought back earlier in the program for US$186.87 million, bringing the cumulative total to roughly US$290.72 million in consideration paid.

The buyback covers Nasdaq-listed Class A common stock and Class B common stock, with no ASX-listed CDIs included. News said the repurchases are being handled through Goldman Sachs & Co. LLC.

The company’s filing lists 362,505,701 securities on issue in the relevant class and says the program allows for purchases of up to an aggregate US$1 billion. The highest price paid to date was US$27.40 on 11 May 2026, while the lowest was US$22.20 on 9 February 2026. Following these announcements, the company's shares moved 0.31%, and are now trading at a price of $27.145. For more information, read the company's full 8-K submission here.

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