NWS · 8-K · 20261009PR000219

Capital Return Program

NEWS CORP · 2026-10-09 · Importance 58 · Surprise 42 · From source text

News Corporation’s 2025 Repurchase Program, authorized July 15, 2025, allows repurchases of up to US$1 billion of Nasdaq-listed Class A and Class B common stock; no ASX-listed CDIs will be repurchased. As of the notification, the company had purchased approximately US$522.7 million of Class A and Class B shares under the program. On October 8, 2026, it bought back 62,323 shares for US$1.799 million; total purchases before that day were 12,982,941 shares for US$341.252 million. The stated rationale for the buy-back is to enhance shareholder value.

Key facts

• NEWS CORPORATION’s 2025 Repurchase Program, authorized July 15, 2025, permits repurchases of up to an aggregate US$1 billion of Nasdaq-listed Class A and Class B common stock; repurchases may be made from time to time in the open market or otherwise, subject to market conditions, the stock’s market price, and other factors. source
• Under the 2025 Repurchase Program, NEWS CORPORATION may purchase up to an aggregate of US$1 billion of Class A and Class B common stock. source
• As of the end of the previous day, NEWS CORPORATION was authorized to acquire up to US$1 billion of Nasdaq-listed Class A and Class B common stock under the 2025 Repurchase Program and had purchased approximately US$522,718,562 worth of those shares, based on total consideration paid. source
• Before the previous day, NEWS CORPORATION had paid or was payable US$341,251,595.07 in buy-back consideration; on the previous day, the amount was US$1,799,009.49. source
• Goldman Sachs & Co. LLC was named as a broker to offer to buy back NEWS CORPORATION securities on its behalf. source
• NEWS CORPORATION had 358,831,617 Class A common stock securities on issue in the class subject to the buy-back. source
• Before the previous day, NEWS CORPORATION had bought back 12,982,941 securities; on the previous day it bought back 62,323 securities. source
• NEWS CORPORATION’s highest buy-back price before the previous day was US$31.58, paid August 27, 2026; the highest price on the previous day was US$29.15. source

Impact estimates