other material
confidence high
sentiment neutral
materiality 0.30
News Corp buyback hits ~US$509M of US$1B program; 89,451 shares repurchased Oct 1, 2026
NEWS CORP
- Class A cumulative buybacks: 12,671,326 shares on issue-basis purchases for US$332,336,477; 62,323 shares bought Oct 1, 2026 for US$1,769,487 at $28.20-$28.72.
- Class B cumulative buybacks: 5,882,835 shares for US$174,525,876; 27,128 shares bought Oct 1, 2026 for US$849,394 at $31.08-$31.66.
- Total purchased under the 2025 Repurchase Program to date: approximately US$509,481,234 of the US$1 billion authorized on July 15, 2025.
- Shares on issue: 359,143,232 Class A (NWSA) and 141,017,361 Class B (NWS); Goldman Sachs & Co. LLC is the buyback broker.
- Stated reason for the repurchase program is 'to enhance shareholder value'; no ASX-listed CDIs will be repurchased.