NWS · 8-K · 20260806PR000172
Capital Return Program
NEWS CORP · 2026-08-06 · 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 5, 2026, the company had purchased approximately US$407.4 million of shares, leaving approximately US$592.6 million of authorization based on total consideration paid. The company bought back 10,351,248 shares for US$263.7 million on the previous reported day and 62,323 shares for US$1.8 million before that day. Goldman Sachs & Co. LLC is acting as broker, and the company stated that the buyback is intended to enhance shareholder value.
Key facts
- The 2025 Repurchase Program is authorized as of July 15, 2025 and is a 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 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
- Total consideration paid or payable for the securities (first line): US$263,718,100.40 source
- To date, the company has purchased approximately US$407,376,688 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 (second line): US$1,767,125.04 source
- Total number of securities bought back (first line): 10,351,248 source
- Total number of securities bought back (second line): 62,323 source
- Highest price paid (first): US$29.06; Date highest price was paid: 29/07/2026 source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| cash | negative | realized | -17.4% | To date, the company has purchased approximately US$407,376,688 worth of Class A and Class B shares (based on total consideration paid)… |