NWS · 8-K · 20261022PR000234

Capital Return Program

NEWS CORP · 2026-10-22 · Importance 50 · Surprise 24 · Contradicted

The 2025 Repurchase Program authorizes purchases of up to US$1 billion of News Corp’s Nasdaq-listed Class A and Class B common stock. As of the October 22, 2026 notification, the company had purchased approximately US$545.3 million of shares under the program. On October 21, 2026, it bought back 54,641 shares for US$1,667,998.49; the notification also reports 13,501,597 shares bought back before that day for US$356,624,303.14. The program permits repurchases in the open market or otherwise, subject to market conditions, stock price, and other factors; no ASX-listed CDIs will be repurchased.

Key facts

• NEWS CORP’s 2025 Repurchase Program, authorized July 15, 2025, allows 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
• Before the previous day, NEWS CORP had bought back 13,501,597 securities for US$356,624,303.14 in total consideration. source
• As of the end of the previous day, NEWS CORP had purchased approximately US$545,329,013 worth of Class A and Class B shares under the 2025 Repurchase Program, based on total consideration paid. source
• On the previous day, NEWS CORP bought back 54,641 securities for US$1,667,998.49 in total consideration. source
• NEWS CORP named Goldman Sachs & Co. LLC as the broker for the buy-back. source
• Under the 2025 Repurchase Program, 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 price, and other factors. source
• NEWS CORP reported 358,267,137 Class A common stock securities on issue in the class subject to the buy-back. source

Impact estimates