News Corporation has filed a Form 8-K with the Securities and Exchange Commission to disclose the status of its ongoing stock repurchase program. The company is authorized to acquire up to an aggregate of $1 billion in its Class A common stock and Class B common stock, subject to market conditions and other factors.
The repurchase program was authorized on July 15, 2025. Under the terms of the program, the company intends to repurchase shares in the open market or through other means. Goldman Sachs & Co. LLC has been appointed as the broker to offer to buy back the securities on the company's behalf.
According to the filing, the company has purchased approximately $496,302,268 worth of Class A and Class B shares under this program to date. The latest daily notification to the Australian Securities Exchange indicates that on September 24, 2026, the company bought back 12,359,711 shares for a total consideration of $323,443,801.22.
The highest price paid for a share during the period covered by the report was $31.58, and the lowest price paid was $22.20. The company stated that the purpose of the buy-back is to enhance shareholder value.
