NWS · 8-K · 20261109PR000256

Capital Return Program

NEWS CORP · 2026-11-09 · Importance 58 · Surprise 42 · Contradicted

News Corp’s 2025 Repurchase Program authorizes purchases of up to US$1 billion of Nasdaq-listed Class A and Class B common stock, subject to market conditions, stock price and other factors. The company may repurchase shares in the open market or otherwise; no ASX-listed CDIs will be repurchased. As of the November 9, 2026 notification, it had spent approximately US$574.4 million, leaving about US$425.6 million of authorization. The filing reports purchases of 28,539 shares for US$754,208.71 on November 6, 2026, and cumulative purchases of 14,191,858 shares for US$377,171,863.40 before that day.

Key facts

• As of the end of November 8, 2026, NEWS CORP had approximately US$574,365,655 of Class A and Class B shares purchased under the 2025 Repurchase Program, based on total consideration paid; the program authorizes up to US$1 billion in purchases. source
• 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. source
• NEWS CORP may purchase up to an aggregate 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 14,191,858 securities for total consideration of US$377,171,863.40. source
• On November 6, 2026, NEWS CORP bought back 28,539 securities for US$754,208.71. source
• NEWS CORP reported 357,410,985 securities on issue in the class subject to the buy-back. source
• NEWS CORP’s highest buy-back price before the previous day was US$31.58, paid on August 27, 2026. source
• NEWS CORP’s highest buy-back price on the previous day was US$26.695. source

Impact estimates