News Corp discloses daily buy-back and notes $1B additional repurchase authorization

NEWS CORP

New $1B repurchase program authorized on July 15, 2025; combined with 2021 program total authorization up to $2B.
On July 31, 2025, repurchased 11,527 Class A shares ($338k) and 5,773 Class B shares ($193k) via Morgan Stanley.
Cumulative under 2021 program: ~$703.5M spent; remaining capacity ~$296.5M plus full new $1B program.
Buy-back is for Nasdaq-listed shares only; no ASX-listed CDIs will be repurchased.
Reason stated: to enhance shareholder value.

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