News Corporation has disclosed a daily buy-back of 11,903,378 shares of its Class A common stock under its ongoing repurchase program. The company reported paying a total consideration of $309,836,550.84 for these transactions. The highest price paid for a single share was $31.58, while the lowest price paid was $22.20.
The repurchase activity is part of a broader authorization known as the 2025 Repurchase Program. This program, which was authorized on July 15, 2025, allows the company to acquire up to an aggregate of $1 billion in Class A and Class B common stock. The company intends to repurchase shares from time to time in the open market or otherwise, subject to market conditions and stock price.
According to the filing, the company has purchased approximately $476,026,236 worth of Class A and Class B shares under the 2025 Repurchase Program to date. The buy-back is being conducted on the Nasdaq Global Select Market, and the broker facilitating the transactions is Goldman Sachs & Co. LLC.
