BuybackSep 23, 2026, 06:06 AM
News Corp Daily Buyback Update: $491M Repurchased to Date
AI Summary
News Corp provided daily buy-back notifications to the ASX for its Class A and Class B common stock under its $1 billion repurchase program. The company reported significant buyback activity for both classes of shares on and before September 22, 2026, with a total of approximately $491 million repurchased to date under the 2025 Repurchase Program. The buybacks are intended to enhance shareholder value.
Key Highlights
- News Corp Class A shares: 12,238,906 bought back before Sept 22, 2026; 58,482 bought back on Sept 22, 2026.
- News Corp Class B shares: 5,695,981 bought back before Sept 22, 2026; 25,457 bought back on Sept 22, 2026.
- Total consideration for Class A shares: $319,950,095.99 (before Sept 22) and $1,715,785.85 (on Sept 22).
- Total consideration for Class B shares: $168,594,333.13 (before Sept 22) and $826,963.01 (on Sept 22).
- Total buyback program authorized up to $1 billion.
- As of Sept 22, 2026, approximately $491,087,178 worth of shares have been purchased under the 2025 Repurchase Program.
Price Impact
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