NWSA · 8-K · 20260804PR000166
Capital Return Program
NEWS CORP · 2026-08-04 · Importance 64 · Surprise 42 · In source text
News Corporation’s 2025 Repurchase Program authorizes up to US$1 billion of Nasdaq-listed Class A and Class B common stock, with no ASX-listed CDIs repurchased. The company bought back 10,222,998 shares for US$260.1 million through August 2, 2026, and an additional 65,927 shares for US$1.84 million on August 3, 2026. Cumulative purchases totaled approximately US$402.1 million, leaving approximately US$597.9 million of authorization based on total consideration paid. Goldman Sachs & Co. LLC is acting as broker, and the company stated that the repurchases are intended to enhance shareholder value.
Key facts
- The Company may purchase up to an aggregate of US$1 billion of Class A common stock and Class B common stock under the 2025 Repurchase Program. source
- The Company may purchase up to an aggregate of US$1 billion of Class A common stock and Class B common stock (stated as the maximum number of securities proposed to be bought back). source
- To date, the company has purchased approximately US$402,104,108 worth of Class A and Class B shares (based on total consideration paid) under the 2025 Repurchase Program. source
- Total consideration paid or payable for the securities (one reported line) is US$260,122,135.49. source
- Subject to market conditions and the market price of the Company’s stock, the Company intends to repurchase, from time to time, in the open market or otherwise, a combination of the Company’s Class A common stock and Class B common stock under the 2025 Repurchase Program. source
- The broker named to offer to buy back securities on the entity’s behalf is Goldman Sachs & Co. LLC. source
- Total consideration paid or payable for the securities (second reported line) is US$1,837,820.61. source
- The 2025 Repurchase Program was authorized as of July 15, 2025. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| cash | negative | committed | — | The Company may purchase up to an aggregate of US$1 billion of Class A common stock and Class B common stock under the 2025 Repurchase… |
| cash | negative | realized | — | To date, the company has purchased approximately US$402,104,108 worth of Class A and Class B shares (based on total consideration paid)… |
| cash | negative | realized | — | Total consideration paid or payable for the securities (one reported line) is US$260,122,135.49. |