News Corp Repurchases Shares Worth $356.1M

By Ahmed Jamerson • Friday, July 10 10:47 • Permanent Link

News Corp has bought back 9,113,585 shares before the previous day and a further 66,163 shares on the previous day, taking total repurchases under its 2025 program to about US$356.1 million.

The company said it paid US$229.3 million for the larger batch and US$1.8 million for the smaller one. The highest price paid in the program was US$27.60 a share, while the lowest was US$22.20.

News Corp’s buy-back authority covers up to US$1 billion of its Nasdaq-listed Class A and Class B common stock. The company said it has now used roughly 35.6% of that authorization, leaving about US$643.9 million available. The repurchase program was authorized on July 15, 2025, and the company said it intends to buy shares in the open market or otherwise, depending on market conditions. As a result of these announcements, the company's shares have moved -0.15% on the market, and are now trading at a price of $27.45. For more information, read the company's full 8-K submission here.

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