News Corporation filed a Current Report on Form 8-K with the SEC on September 11, 2026, to update the market on its ongoing share repurchase program. The company announced that it is authorized to acquire up to an aggregate of $1 billion of its outstanding Class A common stock and Class B common stock.
The company disclosed that it has retained Goldman Sachs & Co. LLC to execute the buybacks on its behalf. As of the date of the filing, the company has spent approximately $473.6 million on these repurchases, leaving a remaining authorization of approximately $526.4 million.
The filing details specific transaction activity from the previous day, September 11, 2026. During this period, News Corporation purchased 11,844,896 shares for a total consideration of $308.1 million. The highest price paid for a share during the reporting period was $31.58, while the lowest price paid was $22.20.
The company indicated that the repurchases are intended to enhance shareholder value and will be conducted subject to market conditions and other factors.