News Corp continues share buyback program under 2021 and 2025 authorizations

News Corporation has provided an Appendix 3C notification confirming its continued share buyback activities as part of the 2021 and 2025 Repurchase Programs. The company is authorized to repurchase an aggregate of $1 billion of Class A and Class B common stock under the 2021 program and an additional $1 billion under the 2025 program. The buybacks are conducted through an "Other buy-back" scheme, with Goldman Sachs & Co. LLC acting as the broker.

As of September 4, 2025, News Corporation bought back 24,469 securities, bringing the total number of securities bought back before that day to 11,587,581. The total consideration paid for the securities bought back on the previous day was $809,515.27, contributing to a cumulative total consideration of $253,983,666 before the previous day. The highest price paid on the previous day was $33.175, while the lowest price paid was $32.85.

The company's stated reason for the buyback is to enhance shareholder value. To date, News Corporation has purchased approximately $753,020,884 worth of Class A and Class B shares under the 2021 Repurchase Program, with no ASX-listed CDIs being repurchased in these programs. The anticipated date for the buyback to occur is September 22, 2021.