NWS · 8-K · 20260805PR000167
Capital Return Program
NEWS CORP · 2026-08-05 · 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. Repurchases may occur from time to time in the open market or otherwise, subject to market conditions, the stock price and other factors; ASX-listed CDIs will not be repurchased. As of August 4, 2026, the company had bought back 10,288,925 shares for US$261.96 million on the previous day and 62,323 shares for US$1.76 million on the day before that. The company had purchased approximately US$404.73 million of Class A and Class B shares under the program to date, citing enhancement of shareholder value as the reason for the buyback.
Key facts
- Repurchase program authorized: up to an aggregate of US$1 billion of the Company’s Nasdaq-listed Class A common stock and Class B common stock (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 (statement repeated) source
- To date, the company has purchased approximately US$404,733,910 worth of Class A and Class B shares under the 2025 Repurchase Program (based on total consideration paid) source
- Total consideration paid or payable for the securities: US$261,959,956.10 source
- Total number of securities bought back: 10,288,925 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 consideration paid or payable for (other line): US$1,758,144.29 source
- Name of broker who will offer to buy back securities on the entity’s behalf: Goldman Sachs & Co. LLC source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| cash | negative | probable | — | Repurchase program authorized: up to an aggregate of US$1 billion of the Company’s Nasdaq-listed Class A common stock and Class B common… |
| cash | negative | realized | — | To date, the company has purchased approximately US$404,733,910 worth of Class A and Class B shares under the 2025 Repurchase Program… |
| cash | negative | realized | — | Total consideration paid or payable for the securities: US$261,959,956.10 |