News Corporation continues $2bn share buy-back program

News Corporation (ASX:NWS) has provided an update on its share buy-back program as of December 12, 2025. The company is actively repurchasing Class A and Class B common stock under two authorized programs: the 2021 Repurchase Program for up to US$1 billion, and the 2025 Repurchase Program, which authorized an additional US$1 billion as of July 15, 2025. These programs are designed to enhance shareholder value and involve open market purchases, with Goldman Sachs & Co. LLC acting as the broker.

As of the previous day, December 11, 2025, News Corporation bought back an additional 30,471 securities, bringing the total number of securities bought back to 13,469,929 before that date. The consideration paid on the previous day was US$908,873.75, contributing to a total consideration paid or payable for the securities of US$311,484,447. The highest price paid on the previous day was US$30.035, while the lowest was US$29.365.

The company has purchased approximately US$928,420,369 worth of Class A and Class B shares under the 2021 Repurchase Program. The buy-back, classified as an "Other buy-back," does not require security holder approval and has no restrictions on foreign participation.