News Corp continues share buyback programs, repurchases $985k in one day

News Corporation (ASX:NWS) is continuing its share buy-back program, which includes both the 2021 and 2025 Repurchase Programs. As of November 21, 2025, the company reported a daily buy-back notification, with 34,783 shares bought back on November 20, 2025. The total number of shares repurchased before that day amounted to 13,029,860. The consideration paid for the shares bought back on November 20, 2025, was $985,962.40, contributing to a total consideration of $298,666,585 before that day.

The company operates under an authorization 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 $889,936,687 worth of Class A and Class B shares under the 2021 program. The buy-backs are conducted through Goldman Sachs & Co. LLC and are for cash consideration in US dollars.

The highest price paid for shares in the buy-back was $35.41 on July 15, 2025, while the lowest price paid was $15.17 on September 29, 2022. News Corporation's buy-back strategy aims to enhance shareholder value. The company intends to buy back a maximum number of securities within the authorized aggregate limits.