Access comprehensive financial analyses and make smarter investments - get the Manual of Investments on Amazon!

News Corp Repurchases $200M Shares, Shares Drop 1.21%

News Corporation reported that, as of June 15, 2026, it had bought back 7,890,455 shares the previous day and another 76,679 shares on the day before that.

The company said it paid US$197.9 million for the 7.89 million shares repurchased before the previous day, and US$2.0 million for the 76,679 shares bought the day before that.

Under its 2025 repurchase program, News Corp said it can buy back up to US$1 billion of its Nasdaq-listed Class A and Class B common stock. So far, it has spent about US$307.8 million under the program, leaving roughly US$692.2 million of capacity.

The company said the highest price paid for shares was US$27.60, recorded on June 10, 2026. The lowest price paid was US$22.20, recorded on February 9, 2026.

News Corp said its Class A share count on issue stood at 362,171,045. The company also said it does not plan to repurchase ASX-listed CDIs in the program. As a result of these announcements, the company's shares have moved -1.21% on the market, and are now trading at a price of $25.39. Check out the company's full 8-K submission here.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.

IN FOCUS