News Corporation continues share buyback program with recent $903,047 acquisition
News Corporation (ASX:NWS) announced a daily buyback notification on October 15, 2025, confirming its continued repurchase program. The company acquired 30,471 shares on the previous day, October 14, 2025, with a total consideration of $903,047.70. The highest price paid on that day was $29.84, and the lowest was $29.53. Cumulatively, as of the day prior to the notification, News Corporation had bought back 12,217,658 shares, amounting to a total consideration of $274,430,073.
The company is authorized to repurchase up to an aggregate of $1 billion of its Nasdaq-listed Class A common stock and Class B common stock under the 2021 Repurchase Program, along with an additional $1 billion under the 2025 Repurchase Program. These programs aim to enhance shareholder value. As of the current update, News Corporation has purchased approximately $815,710,071 worth of Class A and Class B shares under the 2021 Repurchase Program.
The buyback is classified as an "Other buy-back" type, managed by Goldman Sachs & Co. LLC, and does not require security holder approval or have restrictions on foreign participation. The anticipated start date for the buyback activities was September 22, 2021.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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