News Corporation has filed a Current Report on Form 8-K regarding its ongoing stock repurchase program. The company reported that under its authorized program, it may acquire up to $1 billion in the aggregate of its outstanding Class A common stock and Class B common stock. The authorization for this program was established on July 15, 2025.
The filing details the specific mechanics of the buyback. The company intends to repurchase shares in the open market or through other transactions, subject to market conditions and stock price. The repurchases will be conducted in U.S. dollars, and the broker managing the program is Goldman Sachs & Co. LLC. The company notes that no ASX-listed CDIs will be repurchased under this program.
The report includes specific data regarding recent transactions. On September 17, 2026, News Corporation purchased a total of 12,067,301 shares. The total consideration paid for these shares was approximately $314,814,001.70. The highest price paid for a single share during this period was $31.58, and the lowest price paid was $22.20.
According to the filing, to date, the company has purchased approximately $483,393,387 worth of Class A and Class B shares under the 2025 Repurchase Program. The company also disclosed that it is required to provide daily disclosure of transactions to the Australian Securities Exchange (ASX).
