NEWS CORPORATION issued a buy-back notification for their common stock Class A.
The Company authorized a repurchase program for up to US$1 billion of their Class A and Class B common stock in 2021.
An additional US$1 billion was authorized in 2025 for repurchasing their stocks.
Type of Buy-back
Other buy-back: Repurchase program for up to US$1 billion of Class A and Class B common stock authorized in 2021 and 2025.
Total Number of Securities on Issue
371,458,287 securities in the class of securities to be bought back.
Maximum Number of Securities Proposed to be Bought Back
Up to US$1 billion of Class A and Class B common stock may be purchased.
- The buy-back notification signals NEWS CORPORATION's commitment to enhancing shareholder value through stock repurchase programs.
- Investors may benefit from increased earnings per share as a result of the buy-back.
NEWS CORPORATION's buy-back notification reflects their confidence in the company's future performance and commitment to returning value to shareholders.