News Corporation has provided a notification of their buy-back program.
The buy-back program includes the repurchase of Class A and Class B common stock.
The Company aims to repurchase shares based on market conditions and stock prices.
Type of Buy-back
Other buy-back program authorized for up to US$1 billion of Class A and Class B common stock.
Total Number of Securities
375,479,691 securities are issued in the class subject to buy-back programs.
Maximum Buy-back Amount
The Company intends to buy back an aggregate of US$1 billion under the 2025 Repurchase Program.
- The buy-back program signals confidence in News Corporation's financial standing.
- Share repurchases can indicate management's belief that the stock is undervalued.
News Corporation's buy-back program demonstrates a strategic approach to enhancing shareholder value through stock repurchases.