NWSA · 8-K · 20260807PR000174

Capital Return Program

NEWS CORP · 2026-08-07 · Importance 64 · Surprise 42 · In source text

News Corporation is executing its 2025 Repurchase Program, authorized on July 15, 2025, to repurchase up to an aggregate US$1 billion of Nasdaq-listed Class A and Class B common stock. As of August 6, 2026, the company had purchased approximately US$409.98 million of shares, including US$265.49 million for 10,413,571 shares on the previous day and US$1.74 million for 58,482 shares before the previous day. Repurchases may occur in the open market or otherwise, are subject to market conditions and the stock price, and exclude ASX-listed CDIs; Goldman Sachs & Co. LLC is the broker, and the stated reason is 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
• Description of the buy-back: Repurchase program for up to an aggregate of US$1 billion of the Company’s Nasdaq-listed Class A common stock and Class B common stock authorized as of July 15, 2025 source
• To date, the company has purchased approximately US$409,978,775 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 (first line): US$265,485,225.43 source
• 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 source
• Are there any other conditions that need to be satisfied before the buy-back offer becomes unconditional? No source
• Total number of securities bought back (first line): 10,413,571 source
• Total consideration paid or payable for the securities (second line): US$1,736,049.87 source

Impact estimates