other material
confidence high
sentiment neutral
materiality 0.25
News Corp buys back 62,323 Class A, 27,128 Class B shares Sept 28; $501.6M of $1B program used
NEWS CORP
- Class A: 62,323 shares repurchased on Sept 28, 2026 for US$1,783,385; cumulative 12,484,357 shares for US$326,985,206 under the 2025 Repurchase Program.
- Class B: 27,128 shares for US$863,121; cumulative 5,801,451 shares for US$171,946,263, bringing total program spend to roughly US$501,577,975 of the US$1B authorization.
- Class A prices paid range from US$22.20 (Feb 9, 2026) to US$31.58 (Aug 27, 2026); Class B range US$25.49 (Feb 13, 2026) to US$35.69.
- Shares on issue: 359,143,232 Class A and 141,017,361 Class B; Goldman Sachs & Co. LLC is the buyback broker and no ASX-listed CDIs will be repurchased.
- Program authorized July 15, 2025 for up to US$1B of Nasdaq-listed Class A and Class B stock; stated reason is to enhance shareholder value.