News Corporation filed an 8-K report on September 3, 2026, providing an update on its ongoing stock repurchase activity. The company disclosed that it is continuing to execute a repurchase program authorized on July 15, 2025, which permits the acquisition of up to $1 billion in aggregate of the company's Class A and Class B common stock.
The filing details that the company intends to purchase shares from time to time in the open market or through other means, subject to market conditions and stock price. The repurchase program is managed by Goldman Sachs & Co. LLC. The company noted that no ASX-listed CDIs will be repurchased under this program.
According to the filing, the company has purchased approximately $460,825,837 worth of Class A and Class B shares under the 2025 Repurchase Program as of the date of the report. The company is required to provide daily disclosure of transactions to the Australian Securities Exchange (ASX) and includes this information in its quarterly and annual reports.
The filing also included an Appendix 3C notification to the ASX dated September 4, 2026, detailing specific buy-back activity. This notification indicates that on September 3, 2026, the company purchased 11,560,168 shares for a total consideration of $299,575,894.85. The highest price paid for shares was $31.58, and the lowest price paid was $22.20.
