News Corp (NWS) outlines US$1B repurchase program and recent buy-backs
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
News Corporation describes continuing share repurchases under its previously authorized stock repurchase program of up to US$1 billion of Nasdaq-listed Class A and Class B common stock. The company has been reporting these buy-backs daily to the Australian Securities Exchange and includes two such Appendix 3C notifications as exhibits.
One notification shows an on-market buy-back where 6,269,027 securities had been bought back before May 12, 2026, with 70,004 bought back on that day for total consideration of US$155,028,662.84. A second notification shows 3,015,663 securities bought back before May 12, 2026, with 30,471 bought back on that day for US$84,856,217.77. The company notes that future repurchases depend on stock price, market conditions, laws and alternative investments and that its repurchase statements are forward-looking and subject to change.
Positive
- None.
Negative
- None.
Insights
News Corp continues executing a sizable, flexible US$1B share repurchase across both share classes.
News Corporation is actively using a previously authorized US$1 billion repurchase program covering its Nasdaq-listed Class A and Class B common stock. The attached Australian notifications detail cumulative and daily buy-backs, confirming meaningful cash deployment into equity reduction via on-market transactions handled by Goldman Sachs & Co. LLC.
The notifications show substantial activity: one class with 6,269,027 securities bought back before May 12, 2026, plus 70,004 that day for US$155,028,662.84, and another with 3,015,663 securities bought back before that date, plus 30,471 that day for US$84,856,217.77. Actual future repurchases will depend on share price, broader markets, legal constraints and alternative uses of capital.
The filing emphasizes these repurchase intentions are forward-looking and may change. Future company reports and ASX notifications are expected to continue providing detail on ongoing execution of the 2025 Repurchase Program and its role in News Corp’s capital allocation.
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, and exhibit attachments filed with this report.
Key Figures
Repurchase authorization: US$1 billion
Total securities on issue (first class): 363,765,514 securities
Total securities on issue (second class): 141,194,738 securities
+5 more
8 metrics
Repurchase authorization
US$1 billion
Maximum aggregate under the 2025 Repurchase Program
Total securities on issue (first class)
363,765,514 securities
Total number in class subject to buy-back in one Appendix 3C
Total securities on issue (second class)
141,194,738 securities
Total number in another class subject to buy-back
Cumulative buy-backs (first class before May 12, 2026)
6,269,027 securities
Total bought back before previous day in first notification
Cumulative buy-backs (second class before May 12, 2026)
3,015,663 securities
Total bought back before previous day in second notification
Total consideration (first class)
US$155,028,662.84
Consideration for 6,269,027 plus 70,004 securities
Total consideration (second class)
US$84,856,217.77
Consideration for 3,015,663 plus 30,471 securities
Price range (first class)
US$22.20–US$27.21
Lowest and highest prices paid in first notification
Key Terms
Repurchase Program, on-market buy-back, forward-looking statements, Appendix 3C, +2 more
6 terms
Repurchase Program financial
"under News Corporation's stock repurchase program (the "Repurchase Program"), the Company is authorized to acquire from time to time up to $1 billion"
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 ... Other buy-back Select one item."
forward-looking statements regulatory
"Such information contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995."
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.
Appendix 3C regulatory
"Appendix 3C Notification of buy-back Information or documents not available now must be given to ASX as soon as available."
equal access scheme buy-back financial
"The type of buy-back is ... Employee share scheme buy-back On-market buy-back Equal access scheme buy-back Selective buy-back Other buy-back"
Class A common stock and Class B common stock financial
"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"
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): May 12, 2026
(Exact name of registrant as specified in its charter)
| (State or other jurisdiction of incorporation) | (Commission File Number) | (IRS Employer Identification No.) | ||||||||||||
(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 | ||||||||||||
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: May 13, 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 | 13/05/2026 | ||||||
| 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 | 363,765,514 | ||||||
| 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 | ||
5 June 2021 Page 2
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 | 13/05/2026 | |||||||||
| 4.2 | *Previous day on which +securities were bought back | 12/05/2026 | |||||||||
| Before previous day | On previous day | ||||||||||
| 4.3 | *Total number of +securities bought back, or in relation to which acceptances have been received | 6,269,027 | 70,004 | ||||||||
| 4.4 | *Total consideration paid or payable for the +securities | US$155,028,662.84 | US$1,859,789.27 | ||||||||
| 4.5 | *Highest price paid Answer these questions if your response to Q 2.1 is “On-market buy-back”. | US$27.21 *Date highest price was paid: 02/02/2026 | US$27.16 | ||||||||
| 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$26.32 | ||||||||
| 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$242,675,352 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 | ||
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 | 13/05/2026 | ||||||
| 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: NWSAB Security Description: COMMON STOCK CLASS B | ||||||
| + 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 | 141,194,738 | ||||||
| 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 | ||
5 June 2021 Page 2
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 | 13/05/2026 | |||||||||
| 4.2 | *Previous day on which +securities were bought back | 12/05/2026 | |||||||||
| Before previous day | On previous day | ||||||||||
| 4.3 | *Total number of +securities bought back, or in relation to which acceptances have been received | 3,015,663 | 30,471 | ||||||||
| 4.4 | *Total consideration paid or payable for the +securities | US$84,856,217.77 | US$930,681.85 | ||||||||
| 4.5 | *Highest price paid Answer these questions if your response to Q 2.1 is “On-market buy-back”. | US$31.40 *Date highest price was paid: 02/02/2026 | US$31.24 | ||||||||
| 4.6 | *Lowest price paid Answer these questions if your response to Q 2.1 is “On-market buy-back”. | US$25.49 *Date lowest price was paid: 13/02/2026 | US$30.33 | ||||||||
| 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$242,675,352 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
FAQ
Are News Corporation (NWS) ASX-listed CDIs included in the repurchase program?
No. News Corporation explicitly notes that no ASX-listed CDIs will be repurchased under these programs. The 2025 Repurchase Program applies to the company’s Nasdaq-listed Class A and Class B common stock rather than the CDIs traded on the Australian Securities Exchange.