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News Corp updates on $1 billion stock repurchase programs

Published 22/10/2025, 11:18
News Corp updates on $1 billion stock repurchase programs
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News Corp (NASDAQ:NWSA, NASDAQ:NWS), the $15.48 billion market cap media conglomerate with a healthy free cash flow of $727 million, reported Monday that it remains authorized to repurchase up to $1 billion in aggregate of its Class A and Class B common stock under existing stock repurchase programs. The company stated that it provides daily disclosure of repurchase transactions to the Australian Securities Exchange, as required, and includes updates in its quarterly and annual reports.

According to the press release statement, News Corp attached copies of the information provided to the Australian Securities Exchange as exhibits to its filing. The company reaffirmed that statements regarding its intent to repurchase shares are forward-looking and subject to factors such as market price, general market conditions, applicable securities laws, and other considerations.

No new or amended repurchase authorizations were disclosed in the filing. The company did not provide details on the volume or value of shares repurchased since its last update.

This information is based on a statement included in News Corp’s recent SEC filing.

In other recent news, News Corp has provided updates on its ongoing stock repurchase programs. The company is authorized to acquire up to $1 billion in aggregate of its outstanding Class A and Class B common stock. News Corp is required to disclose daily transactions related to these repurchase activities to the Australian Securities Exchange (ASX) and includes this information in its quarterly and annual reports. The updates were detailed in filings with the U.S. Securities and Exchange Commission. Information provided to the ASX is also attached as exhibits in these filings. News Corp reiterated its authorization to repurchase shares in a statement to the ASX. These disclosures ensure transparency in News Corp’s repurchase activities, aligning with regulatory requirements.

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