News Corporation has filed a Current Report on Form 8-K dated October 6, 2026, disclosing details regarding its ongoing stock repurchase program. The company reported that under its previously authorized stock repurchase program, it is permitted to acquire up to $1 billion in the aggregate of its outstanding Class A and Class B common stock.
The filing includes an Appendix 3C notification to the Australian Securities Exchange (ASX) dated October 7, 2026, which details the specific mechanics of the buyback. The company is utilizing brokers, including Goldman Sachs & Co. LLC, to execute the program on the Nasdaq Global Select Market. The repurchases are conducted in U.S. dollars and are intended to enhance shareholder value.
According to the daily notification, News Corporation purchased 12,858,295 shares on October 6, 2026. The total consideration paid for these shares was $337,686,975. The highest price paid for a share during the transaction was $31.58, while the lowest price paid was $22.20.
The report also provides a cumulative summary of the program's progress. To date, the company has purchased approximately $517,422,870 worth of Class A and Class B shares under the 2025 Repurchase Program. The authorization for this program was established on July 15, 2025.
