NWS · 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. As of August 3, 2026, the company had purchased 10,288,925 shares for total consideration of approximately US$401.0 million, including 65,927 shares for US$1.84 million on the previous day. Cumulative purchases under the program were approximately US$402.1 million based on total consideration paid, leaving approximately US$597.9 million of authorization. Goldman Sachs & Co. LLC is the designated broker, and the company states that the buyback is intended to enhance shareholder value.

Key facts

• 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 (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 under the 2025 Repurchase Program source
• The company is authorized to acquire up to an aggregate of US$1 billion of the Company’s Nasdaq-listed Class A common stock and Class B common stock under the 2025 Repurchase Program 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 (figure 1): US$260,122,135.49 source
• Does the buy-back require security holder approval? No source
• Under the 2025 Repurchase Program 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
• Total number of securities bought back (figure 1): 10,222,998 source

Impact estimates