NWS · 8-K · 20261020PR000232

Capital Return Program

NEWS CORP · 2026-10-20 · Importance 50 · Surprise 24 · From source text

News Corp’s 2025 Repurchase Program, authorized July 15, 2025, permits up to US$1 billion in aggregate repurchases of Nasdaq-listed Class A and Class B common stock; the company stated that no ASX-listed CDIs would be repurchased. As of October 19, 2026, the company had purchased approximately US$540.4 million of shares under the program, leaving about US$459.6 million of authorization. On October 19, 2026, it repurchased 54,641 shares for US$1.63 million, at prices between US$29.74 and US$30.07; cumulative purchases before that day were 13,392,315 shares for US$353.32 million.

Key facts

• NEWS CORP’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. source
• NEWS CORP may purchase up to an aggregate of US$1 billion of Class A and Class B common stock under the 2025 Repurchase Program. source
• NEWS CORP intends to repurchase a combination of Class A and Class B common stock from time to time, in the open market or otherwise, subject to market conditions, the stock’s market price, and other factors. source
• NEWS CORP’s repurchase programs will not repurchase ASX-listed CDIs. source
• The buy-back is for cash consideration, the price is not known, and the consideration currency is US dollars. source
• The buy-back does not require security holder approval, has no restrictions on foreign participation, and has no other conditions that must be satisfied before the offer becomes unconditional. source
• Goldman Sachs & Co. LLC is named as a broker for the buy-back. source
• On the day before the notification, 13,392,315 securities had been bought back for total consideration of US$353,321,019.73. source

Impact estimates