News Corporation has provided a notification regarding their buy-back program for Class A common stock.
The company has authorized two repurchase programs totaling US$2 billion as of July 15, 2025.
The buy-back program is intended to repurchase shares based on market conditions and stock prices.
Total Number of Securities on Issue
370,447,494 securities in the class to be bought back.
Proposed Buy-Back Amount
Up to US$2 billion authorized for buy-back under the 2021 and 2025 Repurchase Programs.
Minimum Number of Securities
The entity does not intend to buy back a minimum number of securities.
- The buy-back program indicates the company's confidence in its financial position and the belief that repurchasing shares is a strategic investment.
- It can potentially lead to an increase in earnings per share and shareholder value as the outstanding shares decrease.
News Corporation's buy-back program reflects a proactive approach towards enhancing shareholder value and optimizing capital allocation strategies in line with market conditions.