NWSA · 8-K · 20261008PR000218

Capital Return Program

NEWS CORP · 2026-10-08 · Importance 52 · Surprise 42 · In source text

News Corp’s 2025 Repurchase Program authorizes repurchases of up to US$1 billion of Nasdaq-listed Class A and Class B common stock, subject to market conditions, stock price and other factors. As of the October 8, 2026 notification, the company had purchased approximately US$520.1 million under the program. The filing reports US$339.5 million of consideration for 12,920,618 shares bought back before October 7, and US$1.78 million for 62,323 shares bought back on October 7; no ASX-listed CDIs will be repurchased.

Key facts

• The 2025 Repurchase Program, authorized July 15, 2025, permits repurchases of up to an aggregate US$1 billion of Nasdaq-listed Class A and Class B common stock. source
• The company may purchase up to an aggregate US$1 billion of Class A and Class B common stock under the 2025 Repurchase Program. source
• As of the previous day, 07/10/2026, 12,920,618 securities had been bought back and US$339,468,502.88 had been paid or was payable in consideration. source
• Under the 2025 Repurchase Program, the company had purchased approximately US$520,061,240 worth of Class A and Class B shares based on total consideration paid, as of the notification. source
• Goldman Sachs & Co. LLC is named as the broker to offer to buy back securities on the company’s behalf. source
• The buy-back does not require security holder approval; there are no restrictions on foreign participation and no other conditions to be satisfied before the offer becomes unconditional. source
• Under the 2025 Repurchase Program, NEWS CORP intends to repurchase Class A and Class B common stock from time to time, in the open market or otherwise, subject to market conditions, stock price, and other factors. source
• The buy-back is for cash consideration, the price is not known, and the consideration currency is USD. source

Impact estimates