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

News Corp Spends $323.8M on Share Repurchases

News Corporation reported another day of share repurchases under its 2025 buy-back program, bringing the total amount spent so far to about US$323.8 million.

On the latest trading day, the company bought back 83,482 shares for US$2.08 million. That followed a much larger cumulative total of 8,283,852 shares repurchased in the period before that, at a cost of US$207.98 million.

The company said the program allows for repurchases of up to US$1 billion of its Nasdaq-listed Class A and Class B common stock. With US$323.8 million already deployed, roughly US$676.2 million remains under the authorization.

The share count subject to the buy-back stands at 362,171,045. Goldman Sachs & Co. LLC is handling the buy-back on the company’s behalf.

The highest price paid so far was US$27.60 a share, recorded on 10 June 2026. The lowest price paid was US$22.20, recorded on 9 February 2026. The company said the repurchase is intended to enhance shareholder value. The market has reacted to these announcements by moving the company's shares 1.7% to a price of $25.405. For the full picture, make sure to review NEWS CORP's 8-K report.

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