News Corporation has announced an authorization to repurchase up to $1 billion in the aggregate of its Class A and Class B common stock. The company stated that this authorization, known as the 2025 Repurchase Program, was approved on July 15, 2025. The repurchases are intended to be conducted from time to time in the open market or through other means, subject to market conditions and the market price of the stock.
According to the filing, the company is permitted to acquire up to $1 billion of Class A and Class B shares under this program. To date, News Corp has purchased approximately $535,351,118 worth of Class A and Class B shares, based on total consideration paid. The company has engaged Goldman Sachs & Co. LLC to assist with the execution of the program.
The repurchase activity is being reported to the Australian Securities Exchange (ASX) as required by listing rules. The most recent daily notification indicates that on October 15, 2026, the company purchased 13,279,192 shares for a total consideration of $349,914,052.08. The highest price paid for shares during the program was $31.58, and the lowest price paid was $22.20.
