News Corporation continues $2 bn share buy-back program

News Corporation provided an update on its buy-back program, announcing a daily buy-back notification dated October 29, 2025. The company's buy-back is categorized as an "Other buy-back" and aims to enhance shareholder value. The program involves the repurchase of Class A common stock and Class B common stock. On October 28, 2025, 30,471 securities were bought back, with a total consideration of $951,914.04. The highest price paid on that day was $31.44, and the lowest price paid was $31.00.

The company is authorized to acquire up to an aggregate of $1 billion of its Nasdaq-listed Class A and Class B common stock under the 2021 Repurchase Program, along with an additional $1 billion under the 2025 Repurchase Program. To date, News Corporation has purchased approximately $842,977,247 worth of Class A and Class B shares under the 2021 Repurchase Program. The anticipated date for the buy-back to occur was September 22, 2021.

Goldman Sachs & Co. LLC will act as the broker for the buy-back. The buy-back consideration will be paid in USD, and the price to be paid for the securities is not known at this time. No ASX-listed CDIs will be repurchased in these programs, and there are no restrictions on foreign participation or conditions requiring security holder approval.