News Corp continues share buyback, spending $300m to date

News Corporation (ASX: NWS) has announced its ongoing buyback program, featuring the repurchase of both Nasdaq-listed Class A and Class B common stock. The company is authorized to acquire up to an aggregate of $1 billion under its 2021 Repurchase Program and an additional $1 billion under the 2025 Repurchase Program.

As of November 25, 2025, News Corporation bought back 31,304 shares on the previous day, contributing to a total of 13,095,947 shares acquired before the previous day. The total consideration paid for these shares on the previous day was $907,947.48, bringing the total consideration paid before the previous day to $300,551,949.

The highest price paid for shares was $35.41 on July 15, 2025, while the lowest price paid was $15.17 on September 29, 2022. On the previous day (November 24, 2025), the highest price paid was $29.16 and the lowest price paid was $28.62. Goldman Sachs & Co. LLC will serve as the broker for these repurchases.

To date, the company has purchased approximately $895,410,103 worth of Class A and Class B shares under the 2021 Repurchase Program. The buyback, which commenced on September 22, 2021, does not require security holder approval and has no restrictions on foreign participation.