What share repurchase program does NEWS CORP (NWS) currently have in place?

NEWS CORP has a 2025 Repurchase Program authorizing buybacks of up to US$1 billion of its Nasdaq-listed Class A and Class B common stock, with repurchases intended from time to time in the open market or otherwise, subject to market conditions and other factors.

How many shares has NEWS CORP repurchased in the larger share class so far?

For one class of securities, NEWS CORP reports a total of 11,786,414 shares bought back for aggregate consideration of US$306,402,283.11, based on information provided to the Australian Securities Exchange as of the notification dated September 11, 2026.

How many shares has NEWS CORP (NWS) repurchased in the other share class?

For another class of securities, NEWS CORP reports buybacks totaling 5,499,017 shares for an aggregate consideration of US$162,061,655.50, according to the ASX notifications attached as exhibits to the report.

News Corp updates 2025 $1B share repurchase totals

Q: What are the highest and lowest repurchase prices disclosed for NEWS CORP shares?

For one class, the highest price paid was US$31.58 and the lowest was US$22.20. For the other, the highest was US$35.69 and the lowest was US$25.49, with specific dates noted for each in the ASX disclosures.

Q: How many NEWS CORP shares are outstanding in each relevant class?

The disclosures state 359,946,996 securities outstanding in one class and 141,367,365 outstanding in another class of securities subject to the buyback, providing context for the scale of the repurchases.

Q: Which broker is handling NEWS CORP’s on-market buybacks?

The ASX notifications state that Goldman Sachs & Co. LLC will offer to buy back securities on NEWS CORP’s behalf in connection with the on-market aspects of the repurchase activity.

News Corporation (NWS) reports details of its ongoing share repurchases under its 2025 Repurchase Program, which authorizes buybacks of up to US$1 billion of Nasdaq-listed Class A and Class B common stock.

Filing Impact

(High)

Filing Sentiment

(Neutral)

Form Type

8-K

Rhea-AI Filing Summary

News Corporation (NWS) reports details of its ongoing share repurchases under its 2025 Repurchase Program, which authorizes buybacks of up to US$1 billion of Nasdaq-listed Class A and Class B common stock. Information provided to the Australian Securities Exchange shows cumulative buybacks and pricing for each class.

For one class of securities, a total of 11,786,414 shares have been bought back for US$306,402,283.11, with prices between US$22.20 and US$31.58. For another class, 5,499,017 shares have been bought back for US$162,061,655.50, at prices between US$25.49 and US$35.69. Shares outstanding in the relevant classes are disclosed as 359,946,996 and 141,367,365, respectively.

Positive

Ongoing buybacks under a US$1 billion repurchase program return capital to shareholders and reduce share count across both Class A and Class B common stock.

Negative

None.

Filing Explained

September 10 purchases show the buyback is being executed, while the one-billion-dollar authorization remains a ceiling rather than a promised spend.

Form 8-K reports specified material events, and this filing reports that News Corporation is actively executing its share-repurchase program: purchases were made on September 10, 2026. The disclosed consequence is cash paid or payable for shares already bought, while the program remains ongoing rather than completed.

For the two reported share classes, the latest daily notification records US$1,712,399.75 for 58,482 shares and US$833,380.72 for 25,457 shares. These are reported purchases, not merely permission to buy.

The program still permits purchases of up to an aggregate US$1 billion, subject to market conditions and other factors, and the filing states that no minimum number must be bought. The ceiling therefore represents capacity, not a commitment to spend the full amount; no security-holder approval is required.

Further daily ASX notifications are the specified resolution path for determining whether additional repurchases occur and how much of the authorized capacity is used.

8-K Event Classification

2 items: 8.01, 9.01

2 items

Item 8.01 Other Events Other

Voluntary disclosure of events the company deems important to shareholders but not covered by other items.

Item 9.01 Financial Statements and Exhibits Exhibits

Financial statements, pro forma financial information, or exhibit attachments filed with this report.

Key Figures

Repurchase Program authorization: US$1,000,000,000 Shares outstanding (first class): 359,946,996 shares Shares outstanding (second class): 141,367,365 shares +5 more

8 metrics

Repurchase Program authorization US$1,000,000,000 Aggregate amount authorized under the 2025 Repurchase Program for Class A and Class B common stock

Shares outstanding (first class) 359,946,996 shares Total number of securities on issue in one class subject to the buy-back

Shares outstanding (second class) 141,367,365 shares Total number of securities on issue in another class subject to the buy-back

Shares bought back (first class) 11,786,414 shares Total number of securities bought back or accepted in one class

Consideration paid (first class) US$306,402,283.11 Total consideration for buybacks in one class

Shares bought back (second class) 5,499,017 shares Total number of securities bought back or accepted in another class

Consideration paid (second class) US$162,061,655.50 Total consideration for buybacks in another class

Repurchase price range (first class) US$22.20–US$31.58 Lowest and highest prices paid for one class of securities

Key Terms

Repurchase Program, on-market buy-back, Equal access scheme buy-back, forward-looking statements, +1 more

5 terms

Repurchase Program financial

"under News Corporation's stock repurchase program (the "Repurchase Program")"

A repurchase program is when a company buys back its own shares from the open market. This reduces the total number of shares available, which can increase the value of each remaining share and signal confidence in the company's future. For investors, it often suggests that the company believes its stock is undervalued and can be a sign of financial strength.

on-market buy-back financial

"The type of buy-back is ... On-market buy-back"

Equal access scheme buy-back financial

"Employee share scheme buy-back On-market buy-back Equal access scheme buy-back"

forward-looking statements regulatory

"Such information contains "forward-looking statements" within the meaning of"

Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.

CDIs financial

"No ASX-listed CDIs will be repurchased in these programs"

CDIs (CHESS Depositary Interests) are local certificates that represent ownership of foreign shares so investors can buy, sell and hold those stocks on a domestic exchange without moving the underlying shares across borders. Think of a CDI as a local receipt for a foreign share: it gives most economic rights and easier trading in local currency and settlement systems, which matters to investors for access, liquidity, and the practical handling of dividends and corporate actions.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What are the highest and lowest repurchase prices disclosed for NEWS CORP shares?

For one class, the highest price paid was US$31.58 and the lowest was US$22.20. For the other, the highest was US$35.69 and the lowest was US$25.49, with specific dates noted for each in the ASX disclosures.

How many NEWS CORP shares are outstanding in each relevant class?

The disclosures state 359,946,996 securities outstanding in one class and 141,367,365 outstanding in another class of securities subject to the buyback, providing context for the scale of the repurchases.

Which broker is handling NEWS CORP’s on-market buybacks?

The ASX notifications state that Goldman Sachs & Co. LLC will offer to buy back securities on NEWS CORP’s behalf in connection with the on-market aspects of the repurchase activity.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 09/11/2026 - 06:04 AM Accepted by SEC EDGAR 09/10/2026 - 06:37 PM

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): September 10, 2026

NEWS CORPORATION

(Exact name of registrant as specified in its charter)

Delaware

001-35769

46-2950970

(State or other jurisdiction
of incorporation)

(Commission
File Number)

(IRS Employer
Identification No.)

1211 Avenue of the Americas, New York, New York 10036

(Address of principal executive offices, including zip code)

(212) 416-3400

(Registrant's telephone number, including area code)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:


☐			Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)


☐			Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)


☐			Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))


☐			Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class

Trading Symbol(s)

Name of each exchange on which registered

Class A Common Stock, par value $0.01 per share

NWSA

The Nasdaq Global Select Market

Class B Common Stock, par value $0.01 per share

NWS

The Nasdaq Global Select Market

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 8.01 Other Events.

As previously reported, under News Corporation's (the "Company's") stock repurchase program (the "Repurchase Program"), the Company is authorized to acquire from time to time up to $1 billion in the aggregate of the Company's outstanding shares of Class A common stock and Class B common stock. Under the rules of the Australian Securities Exchange (the "ASX"), the Company is required to provide to the ASX, on a daily basis, disclosure of transactions pursuant to the Repurchase Program, if any. The Company also discloses information concerning the Repurchase Program in the Company's quarterly and annual reports.

Attached as Exhibit 99.1 and Exhibit 99.2 are copies of the information provided to the ASX on the respective dates noted therein. Such information contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements include, but are not limited to, statements regarding the Company's intent to repurchase, from time to time, the Company's Class A common stock and Class B common stock. These statements are based on management's current expectations and beliefs and are subject to uncertainty and changes in circumstances. Actual results may vary materially from those expressed or implied by such statements due to, among other factors, changes in the market price of the Company's stock, general market conditions, applicable securities laws and alternative investment opportunities, as well as the risks, uncertainties and other factors described in the Company's filings with the Securities and Exchange Commission. The "forward-looking statements" included in such information are made only as of the date of this report. We do not have and do not undertake any obligation to publicly update any "forward-looking statements" to reflect subsequent events or circumstances, and we expressly disclaim any such obligation, except as required by law or regulation.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits.


Exhibit No.						Description
99.1						Information provided to the Australian Securities Exchange on the date noted on Exhibit 99.1.
99.2						Information provided to the Australian Securities Exchange on the date noted on Exhibit 99.2.
104						Cover Page Interactive Data File (embedded within the Inline XBRL document).

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.



			NEWS CORPORATION (REGISTRANT)


			By:						/s/ Michael L. Bunder
									Michael L. Bunder
									Senior Vice President, Deputy General Counsel and Corporate Secretary

Dated: September 11, 2026


+Rule 3.8A

Appendix 3C

Notification of buy-back

Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX’s property and may be made public.

*Denotes minimum information required for first lodgement of this form, with exceptions provided in specific notes for certain questions. The balance of the information, where applicable, must be provided as soon as reasonably practicable by the entity.

Part 1 – Entity and announcement details


Question no	Question	Answer
1.1	*Name of entity We (the entity named above) provide the following information about our buy-back	NEWS CORPORATION
1.2	*Registration type and number Please supply your ABN, ARSN, ARBN, ACN or another registration type and number (if you supply another registration type, please specify both the type of registration and the registration number).	ARBN 163882933
1.3	*ASX issuer code	NWS
1.4	*The announcement is Select whichever is applicable.	☐ New announcement ☐ Update/amendment to previous announcement ☐ Cancellation of previous announcement ☒ Daily buy-back notification Not applicable for selective buy-backs (complete Part 4) ☐ Final buy-back notification (complete Part 5)
1.4b	*Reason for update Answer this question if your response to Q 1.4 is “Update/amendment to previous announcement”.
1.4c	*Date of initial notification of buy-back Answer this question if your response to Q 1.4 is “Update/amendment to previous announcement” or “Cancellation of previous announcement”.
1.4d	*Date of previous announcement to this update Answer this question if your response to Q 1.4 is “Update/amendment to previous announcement”.
1.5	*Date of this announcement	11/09/2026
1.6	*Class of +securities the subject of the buy-back: Note: only one type of buy-back for one class of security can be advised in this notification. If a buy-back extends to more than one class of security, a separate notification is required for each class.	ASX Security Code: NWSAA Security Description: COMMON STOCK CLASS A


+ See chapter 19 for defined terms

5 June 2021 Page 1


Appendix 3C Notification of buy-back

Part 2 –Type of buy-back


Question No.	Question	Answer
2.1	*The type of buy-back is Note this form is not required for minimum holding buy-backs (i.e. buy-backs of unmarketable parcels). The only notification required to ASX for a minimum holding buy-back is the lodgement of an Appendix 3H within 5 business days of the completion of the minimum holding buy-back notifying ASX of the cancellation of the securities bought back in accordance with listing rule 3.8A.	☐ Employee share scheme buy-back ☐ On-market buy-back ☐ Equal access scheme buy-back ☐ Selective buy-back ☒ Other buy-back Select one item. Note: “Other buy-back” does not include a minimum holding buy-back. The section “Other buy-back” will generally only be applicable to an entity established outside Australia.
2.2	Please describe the type of buy-back Answer this question if your response to Q 2.1 is “Other buy-back”.	Repurchase program for up to an aggregate of US$1 billion of the Company’s Nasdaq-listed Class A common stock and Class B common stock authorized as of July 15, 2025 (the “2025 Repurchase Program”). Subject to market conditions and the market price of the Company’s stock, as well as other factors, the Company intends to repurchase, from time to time, in the open market or otherwise, a combination of the Company’s Class A common stock and Class B common stock. No ASX-listed CDIs will be repurchased in these programs.

Part 3 –Buy-back details

Part 3A – Details of +securities, price and reason


3A.1	*Total number of +securities on issue in the class of +securities to be bought back	359,946,996
3A.2	*Total number of +securities proposed to be bought back Answer this question if your response to Q 2.1 is “Employee share scheme buy-back, “Selective buy-back” or “Other buy-back”.	The Company may purchase up to an aggregate of US$1 billion of Class A common stock and Class B common stock under the 2025 Repurchase Program.
3A.4	*Does the entity intend to buy back a minimum number of +securities Answer this question if your response to Q 2.1 is “On-market buy-back”.	No
3A.5	*Does the entity intend to buy back a maximum number of securities? Answer this question if your response to Q 2.1 is “On-market buy-back”	Yes


+ See chapter 19 for defined terms

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Appendix 3C Notification of buy-back


3A.5a	*Maximum number of +securities proposed to be bought back Answer this question if your response to Q 2.1 is “On-market buy-back” and your response to Q 3A.5 is “Yes”.	The Company may purchase up to an aggregate of US$1 billion of Class A common stock and Class B common stock under the 2025 Repurchase Program.
3A.6	*Name of broker or brokers who will offer to buy back +securities on the entity’s behalf Answer this question if your response to Q 2.1 is “On-market buy-back”.	Goldman Sachs & Co. LLC
3A.9	*Are the +securities being bought back for a cash consideration? Note: if the securities are being bought back for nil cash consideration, answer this question “No”.	Yes
3A.9a	*Is the price to be paid for +securities bought back known? Answer this question if your response to Q 3A.9 is “Yes”.	No
3A.9a(i)	*In what currency will the buy-back consideration be paid? Answer this question if your response to Q 3A.9 is “Yes”. Note: all prices below are to be expressed in this currency.	USD – US Dollar
3A.12	*Reason for buy-back Answer this question if your response to Q 2.1 is “Other buy-back”.	To enhance shareholder value

Part 3B – Buy-back restrictions and conditions


3B.1	*Does the buy-back require security holder approval? Disregard any security holder approval that has already been obtained.	No
3B.2	*Are there any restrictions on foreign participation in the buy-back Answer this question if your response to Q 2.1 is “Equal access scheme buy-back”, “Selective buy-back” or “Other buy-back”.	No
3B.3	*Are there any other conditions that need to be satisfied before the buy-back offer becomes unconditional Answer this question if your response to Q 2.1 is “Employee share scheme buy-back, “Equal access scheme buy-back”, “Selective buy-back” or “Other buy-back”	No

Part 3C - Key dates


Employee Share Scheme, Selective and Other Buy-Backs Answer the questions in this part if your response to Q 2.1 is “Employee share scheme buy-back”, “Selective buy-back” or “Other buy-back”
3C.1	*Anticipated date buy-back will occur	22/9/2021

Part 3D – Other information


3D.1			Any other information the entity wishes to notify to ASX about the buy-back


+ See chapter 19 for defined terms

5 June 2021 Page 3


Appendix 3C Notification of buy-back

Part 4 – Daily buy-back notification

Answer the questions in this part if your response to Q 2.1 is “Employee share scheme buy-back”, “On-market buy-back”, “Equal access share scheme buy-back” or “Other buy-back”) and you are giving a daily buy-back notification under listing rule 3.8A.

A daily buy-back notification must be submitted for these types of buy-backs at least half an hour before the commencement of trading on the business day after any day on which securities are bought back (per listing rule 3.8A).


4.1	*Date of this notification		11/09/2026
4.2	*Previous day on which +securities were bought back		10/09/2026
		Before previous day	On previous day
4.3	*Total number of +securities bought back, or in relation to which acceptances have been received	11,786,414	58,482
4.4	*Total consideration paid or payable for the +securities	US$306,402,283.11	US$1,712,399.75
4.5	*Highest price paid Answer these questions if your response to Q 2.1 is “On-market buy-back”.	US$31.58 *Date highest price was paid: 27/08/2026	US$29.63
4.6	*Lowest price paid Answer these questions if your response to Q 2.1 is “On-market buy-back”.	US$22.20 *Date lowest price was paid: 09/02/2026	US$29.08
4.8	*If the entity has disclosed an intention to buy back a maximum number of +securities, the remaining number of +securities to be bought back as at the end of the previous day Note: ASX has calculated this number for you based on previous notifications. If it is not correct, please amend it to the correct number and consider whether any updates need to be made to previous notifications.		The company is authorized to acquire up to an aggregate of US$1 billion of the Company’s Nasdaq-listed Class A common stock and Class B common stock under the 2025 Repurchase Program. To date, the company has purchased approximately US$471,009,719 worth of Class A and Class B shares (based on total consideration paid) under the 2025 Repurchase Program.

Introduced 05/06/21


+ See chapter 19 for defined terms

5 June 2021 Page 4


+Rule 3.8A