News Corp Spends $301.59M on Buybacks

By Hao Liu • Friday, June 12 13:02 • Permanent Link

News Corp reported another day of heavy buyback activity under its 2025 repurchase program, with 7,743,772 shares bought back before the previous day and 70,004 shares bought back on the previous day.

The company said it paid US$194.05 million for the larger batch and US$1.87 million for the smaller one. That put total consideration paid under the program at about US$301.59 million to date.

The repurchase program authorizes the company to buy back up to US$1 billion of its Nasdaq-listed Class A and Class B common stock. News Corp said it had purchased shares at a high of US$27.60 on June 10, 2026, and a low of US$22.20 on February 9, 2026. The most recent day’s average price worked out to about US$26.66, based on 70,004 shares for US$1.87 million.

The company listed 362,505,701 shares on issue in the class subject to the buy-back. Today the company's shares have moved -0.38% to a price of $26.195. Check out the company's full 8-K submission here.

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