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

News Corp Repurchases Shares Worth $283.1M

News Corp said it bought back 11,021,437 shares in the period before Aug. 21, 2026, paying a total of US$283.1 million. A further 58,482 shares were repurchased on the previous day for US$1.7 million.

The company reported that, under its 2025 repurchase program, it can buy back up to US$1 billion of its Nasdaq-listed Class A and Class B common stock. To date, it has spent about US$436.3 million on the program, leaving roughly US$563.7 million still available.

The buyback covered Class A common stock, with the company saying no ASX-listed CDIs would be repurchased. Goldman Sachs & Co. LLC is acting as broker.

The highest price paid in the program was US$30.79 a share on Aug. 6, 2026, while the lowest was US$22.20 on Feb. 9, 2026. The company said it had 359,278,622 shares on issue in the class being bought back. As a result of these announcements, the company's shares have moved 1.67% on the market, and are now trading at a price of $30.145. 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