News Corporation has filed an 8-K report with the SEC to disclose an update to its share repurchase program. The company is authorized to acquire up to an aggregate of $1 billion in its Class A and Class B common stock under the 2025 Repurchase Program. This authorization was established on July 15, 2025.
The company has utilized Goldman Sachs & Co. LLC to facilitate the buyback. The repurchase is intended to enhance shareholder value and is subject to market conditions and the market price of the stock. The program applies to the Company's Nasdaq-listed Class A and Class B shares and does not include ASX-listed CDIs.
According to the filing, the company has purchased approximately $512,127,133 worth of Class A and Class B shares to date, based on total consideration paid. The most recent daily notification provided to the Australian Securities Exchange (ASX) indicates that the company purchased 12,733,649 shares on October 2, 2026, with a total consideration of $334,105,963.97.
The highest price paid for a share during the program was $31.58, and the lowest price paid was $22.20.
