NWSA · 8-K · 20261112PR000259

Capital Return Program

NEWS CORP · 2026-11-12 · Importance 50 · Surprise 24 · In source text

News Corp’s 2025 Repurchase Program authorizes up to US$1 billion of Nasdaq-listed Class A and Class B common stock, with repurchases made in the open market or otherwise subject to market conditions and other factors. As of the November 11, 2026 notification, the company reported approximately US$576.6 million of purchases under the program. On November 10, 2026, it repurchased 28,539 shares for US$750,264.62; the notification also reported 14,248,936 shares bought back before that day for US$378,679,878.43. The program does not include ASX-listed CDIs, and the stated reason for the buy-back is to enhance shareholder value.

Key facts

• The 2025 Repurchase Program, authorized July 15, 2025, permits repurchases of up to US$1 billion in aggregate of Nasdaq-listed Class A and Class B common stock. source
• NEWS CORP may purchase up to US$1 billion in aggregate 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$576,594,099 worth of Class A and Class B shares under the 2025 Repurchase Program, based on total consideration paid. source
• Before the previous day, total consideration paid or payable was US$378,679,878.43; on the previous day, it was US$750,264.62. source
• NEWS CORP intends to repurchase a combination of its Class A and Class B common stock from time to time, in the open market or otherwise, subject to market conditions, its stock price and other factors. source
• Goldman Sachs & Co. LLC is named as a broker for the buy-back. source
• Before the previous day, NEWS CORP had bought back 14,248,936 securities; on the previous day it bought back 28,539 securities. source
• The daily buy-back notification is dated November 11, 2026, and identifies November 10, 2026 as the previous day on which securities were bought back. source

Impact estimates