News Corp chairman emeritus makes share gift, company updates on buyback

News Corporation disclosed on December 15, 2025, that chairman emeritus Keith Rupert Murdoch made a charitable gift of 302,000 Class B Common Stock shares, valued at $0.00 per share, reducing his beneficial ownership to 707,446 shares through the K. Rupert Murdoch 2004 Revocable Trust.

Separately, News Corp provided an update on its buyback programs, confirming that as of December 19, 2025, 153,188 Class B Common Stock shares ceased due to cancellation under a buyback. The company reported a total of 13,653,588 securities bought back before the previous day, with an additional 31,304 bought on December 19, 2025. Total consideration paid for these securities before the previous day was $316,923,582, with $930,170.19 paid on the previous day.

News Corp operates under two repurchase programs, a 2021 program for $1 billion and a 2025 program for an additional $1 billion. To date, the company has purchased approximately $944,959,138 worth of Class A and Class B shares combined under the 2021 Repurchase Program, aimed at enhancing shareholder value.