News Corporation has filed an 8-K report updating the market on its ongoing share repurchase program. According to the filing, the company is authorized to acquire up to $1 billion in the aggregate of its outstanding Class A and Class B common stock. The program, referred to as the 2025 Repurchase Program, was authorized on July 15, 2025.
The company disclosed that it has purchased approximately $550,203,327 worth of Class A and Class B shares under this program to date. The repurchases are being conducted through Goldman Sachs & Co. LLC and are intended to enhance shareholder value. The company notes that the repurchases are subject to market conditions and the market price of the stock.
The filing also includes a daily buy-back notification for the Australian Securities Exchange (ASX). This notification indicates that on October 23, 2026, the company bought back 13,607,039 shares for a total consideration of $359,862,281.13. The highest price paid for shares during the reporting period was $31.58, and the lowest price paid was $22.20.
