NEWS CORPORATION provided notification of their buy-back on 28/08/2025 under the Class A common stock program.
The buy-back program includes repurchasing up to an aggregate of US$1 billion of Class A common stock and Class B common stock.
No ASX-listed CDIs will be repurchased in these programs.
Buy-back Program Authorization
Authorized a repurchase program for up to US$1 billion as of September 21, 2021, with an additional US$1 billion authorized as of July 15, 2025.
Purchase Intent
Intends to repurchase a combination of Class A common stock and Class B common stock from the open market or otherwise, subject to market conditions.
Securities Details
Total number of +securities on issue in the class of +securities to be bought back is 375,750,555.
Maximum Securities Purchase
The entity intends to buy back a maximum number of securities, up to an aggregate of US$1 billion.
- The buy-back program signals NEWS CORPORATION's confidence in the value of their Class A common stock and Class B common stock.
- The program is designed to enhance shareholder value by taking advantage of market opportunities.
NEWS CORPORATION's buy-back program showcases their commitment to enhancing shareholder value and capitalizing on market conditions for the benefit of investors.