BuybackApr 17, 2026, 06:06 AM
News Corp Authorizes $1 Billion Stock Repurchase Program
AI Summary
News Corporation announced a repurchase program for up to $1 billion of its Nasdaq-listed Class A and Class B common stock. This program, authorized as of July 15, 2025, allows the company to buy back shares from time to time in the open market or otherwise, subject to market conditions and stock price. The company clarified that no ASX-listed CDIs will be repurchased under this program.
Key Highlights
- Authorized a stock repurchase program of up to $1 billion.
- Covers Nasdaq-listed Class A and Class B common stock.
- Program authorized as of July 15, 2025.
- Total 365,298,071 Class A securities currently on issue.