News Corporation, with ASX issuer code NWS, provided details of their buy-back notification on 29/08/2025.
The buy-back involves repurchase programs for Class A and Class B common stocks.
A total of 375,750,555 securities are in the class targeted for buy-back.
Up to US$1 billion has been authorized for both the 2021 and 2025 Repurchase Programs.
The Company may repurchase securities based on market conditions and stock prices.
Type of Buy-back
Other buy-back for a repurchase program of up to US$1 billion authorized in 2021 and 2025.
Total Securities to be Bought Back
Maximum of US$1 billion worth of Class A and Class B common stock may be repurchased.
ASX-listed CDIs Excluded
The buy-back programs do not include repurchasing ASX-listed CDIs.
- The buy-back signals News Corporation's confidence in its financial position and future prospects.
- This move can lead to a positive impact on the Company's stock prices in the market.
- Investors may view the buy-back programs as a demonstration of News Corporation's commitment to enhancing shareholder value.
News Corporation's announcement of the buy-back programs reflects strategic financial planning and capital management strategies.