News Corporation has announced a buy-back program for its Class A and Class B common stock.
The program, authorized as of September 21, 2021, allows for the repurchase of up to US$1 billion in stock.
An additional US$1 billion has been authorized as of July 15, 2025, under the 2025 Repurchase Program.
Type of Buy-back
The buy-back program includes on-market repurchases and other buy-back activities.
Total Number of Securities
There are 371,812,299 securities issued in the class targeted for buy-backs.
Maximum Buy-back Amount
The company may repurchase up to US$1 billion of Class A and Class B common stock under the program.
- The buy-back program signals the company's confidence in its financial position and future prospects.
- It provides an opportunity for shareholders to benefit from the company's share repurchases.
News Corporation's buy-back program demonstrates a commitment to enhancing shareholder value and capital allocation strategies.