News Corp Accelerates Share Repurchase Program

By Bobby Samwell • Tuesday, July 28 11:01 • Permanent Link

News Corp has accelerated its share repurchase program, buying back 9,903,703 shares in the prior period for US$251.2 million, according to its latest buy-back notification.

The company also reported a smaller purchase in the most recent day of trading: 66,163 shares for US$1.8 million. That compares with the much larger “before previous day” tally, highlighting a sharp drop in daily activity.

News Corp said it has now spent approximately US$388.7 million under its 2025 repurchase program, which authorizes up to US$1 billion of its Nasdaq-listed Class A and Class B common stock. Based on that total, roughly US$611.3 million remains available for further repurchases.

The company disclosed the highest price paid under the program was US$28.975 a share on July 17, 2026, while the lowest price paid was US$22.20 on February 9, 2026.

The repurchases are being handled by Goldman Sachs & Co. LLC, and the company said the program covers Class A and Class B common stock, not ASX-listed CDIs. The market has reacted to these announcements by moving the company's shares 3.21% to a price of $28.165. Check out the company's full 8-K submission here.

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