NWSA · 8-K · 20261016PR000230
Capital Return Program
NEWS CORP · 2026-10-16 · Importance 50 · Surprise 24 · 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, share price, and other factors; no ASX-listed CDIs will be repurchased. As of the October 15, 2026 trading day, the company had bought back 13,279,192 shares for US$349,914,052.08 before that day and repurchased another 54,641 shares for US$1,643,191.47 on that day. Cumulative purchases under the program were approximately US$535.35 million, leaving about US$464.65 million of the authorization unused.
Key facts
- NEWS CORP’s 2025 Repurchase Program, authorized July 15, 2025, permits repurchases of up to an aggregate of US$1 billion of Nasdaq-listed Class A and Class B common stock. source
- NEWS CORP may purchase up to an aggregate of US$1 billion of Class A and Class B common stock under the 2025 Repurchase Program. source
- As of the end of the previous day, NEWS CORP had purchased approximately US$535,351,118 worth of Class A and Class B shares under the 2025 Repurchase Program, based on total consideration paid, against authorization to acquire up to an aggregate of US$1 billion. source
- Before the previous day, NEWS CORP had bought back 13,279,192 securities for US$349,914,052.08 in total consideration; on the previous day it bought back 54,641 securities for US$1,643,191.47. source
- Goldman Sachs & Co. LLC is named as the broker to offer to buy back NEWS CORP securities on its behalf. source
- NEWS CORP intends to repurchase a combination of Class A and Class B common stock from time to time, in the open market or otherwise, subject to market conditions, its stock’s market price and other factors. source
- NEWS CORP is buying back the securities for cash consideration, but the price to be paid is not known; the consideration currency is USD. source
- NEWS CORP stated that the reason for the buy-back is to enhance shareholder value. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| cash | negative | realized | — | Before the previous day, NEWS CORP had bought back 13,279,192 securities for US$349,914,052.08 in total consideration; on the previous day… |