other material
confidence high
sentiment neutral
materiality 0.20
News Corp buyback tops $496M of $1B authorization; 62,323 Class A shares repurchased Sept 24
NEWS CORP
- Cumulative repurchases: 12,359,711 Class A shares (NWSA) for US$323,443,801.22 and 5,747,195 Class B shares (NWS) for US$170,234,114.94.
- On Sept 24, 2026 the company bought 62,323 Class A shares for US$1,769,624.19 at US$28.21-US$28.74, and 27,128 Class B shares for US$854,727.32 at US$31.30-US$31.79.
- Total consideration paid under the July 15, 2025 $1B 2025 Repurchase Program is approximately US$496,302,268 - about half the authorization.
- Goldman Sachs & Co. LLC is the broker; repurchases cover both Class A and Class B Nasdaq-listed stock, and no ASX-listed CDIs will be bought back.
- Shares on issue: 359,443,324 Class A and 141,146,617 Class B; program purpose stated as enhancing shareholder value.