News Corporation has filed an 8-K report detailing its ongoing stock repurchase activities. The company is authorized to acquire up to an aggregate of $1 billion of its Class A and Class B common stock under the 2025 Repurchase Program. This authorization was established on July 15, 2025.
According to the filing, the company intends to repurchase shares from time to time in the open market or otherwise, subject to market conditions and stock price. The repurchases are conducted in U.S. dollars and are managed by Goldman Sachs & Co. LLC. The company has stated that no ASX-listed CDIs will be repurchased under this program.
The filing includes specific details regarding the most recent trading day. On October 16, 2026, the company purchased 13,333,833 shares. The total consideration paid for these shares was $351,557,243.55. The highest price paid for a share during this period was $31.58, and the lowest price paid was $22.20.
The report also provides an update on the total value of shares purchased under the program to date. As of the previous day, the company has purchased approximately $537,954,520 worth of Class A and Class B shares based on total consideration paid.
