News Corporation has filed a Current Report on Form 8-K with the SEC, disclosing a daily notification regarding its share repurchase program. The filing, dated October 22, 2026, details the company's ongoing authorization to buy back its Class A and Class B common stock.
The company is authorized to acquire up to an aggregate of $1 billion of its Nasdaq-listed Class A and Class B common stock under the 2025 Repurchase Program. This authorization was introduced on July 15, 2025.
The filing indicates that the company intends to repurchase shares from time to time in the open market or otherwise, subject to market conditions and the market price of the stock. The broker appointed to execute these transactions is Goldman Sachs & Co. LLC.
According to the filing, the company purchased 13,556,238 shares on October 22, 2026, with a total consideration of $358,292,301.63. The highest price paid for a share during this period was $31.58, and the lowest price paid was $22.20.
As of the previous day, the company has purchased approximately $547,702,929 worth of Class A and Class B shares under the 2025 Repurchase Program. The purpose of the buy-back is to enhance shareholder value.
