FilingReader Intelligence

News Corporation cancels 385,775 shares in ongoing buy-back program

October 6, 2025 at 07:23 AM UTCBy FilingReader AI

News Corporation (ASX: NWS) announced the cessation of 268,780 Class A Common Stock (NWSAA) and 116,995 Class B Common Stock (NWSAB) on September 26, 2025, and October 3, 2025, respectively. These cancellations, totaling 385,775 securities, were executed through a buy-back program aimed at enhancing shareholder value, with no consideration paid by the entity for the cessation.

Following these cessations, News Corporation's issued capital now stands at 41,670,393 Class B Voting Common Stock-CDI 1:1 (NWS), 1,254,447 Class A Non-Voting Common Stock-CDI 1:1 (NWSLV), 145,956,390 unquoted Class B Common Stock (NWSAB), and 375,045,226 unquoted Class A Common Stock (NWSAA). The buy-back program, initiated on September 21, 2021, and further authorized on July 15, 2025, allows for the purchase of up to an aggregate of US$2 billion in Class A and Class B common stock.

As of October 3, 2025, News Corporation has purchased approximately US$794,420,102 worth of Class A and Class B shares under the 2021 Repurchase Program. Daily buy-back notifications also reported additional purchases, with 51,462 securities bought back on September 29, 2025, for US$1,579,482.00, and 25,613 securities bought back on October 2, 2025, for US$830,191.61. Goldman Sachs & Co. LLC is acting as the broker for these buy-backs.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

ASX:NWSAustralian Securities Exchange

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