NEWS CORP (NWSA) Announces $298.8 Million Buyback Program

By Hao Liu • Thursday, June 11 13:03 • Permanent Link

News Corp has stepped up its 2025 repurchase program, buying back 7,677,609 shares before the previous day and another 66,163 shares on the previous day, for total consideration of US$192.2 million and US$1.8 million, respectively.

The company said it has now spent approximately US$298.8 million under the program, which authorizes up to US$1 billion of its Nasdaq-listed Class A and Class B common stock. That leaves roughly US$701.2 million still available for repurchases.

The latest daily update also showed the company’s share count in the buyback class at 362,505,701. News Corp said the program is being carried out through Goldman Sachs & Co. LLC and that no ASX-listed CDIs will be repurchased.

The company disclosed a highest repurchase price of US$27.40, paid on 11 May 2026, and a lowest price of US$22.20, paid on 9 February 2026. The most recent purchase price listed in the filing was US$27.0654. The market has reacted to these announcements by moving the company's shares -0.59% to a price of $26.81. If you want to know more, read the company's complete 8-K report here.

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