News Corp Discloses Daily Share Repurchase Activity Under $1B Buyback Program
NEWS CORP
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Filing Summary
News Corp (NASDAQ: NWSA / NWS) Files Form 8-K • Event: Daily Stock Repurchase Program Update • Date of Event: September 3, 2026 • Transaction Reported: Repurchased 54,641 Class A shares on September 3, 2026, for ~$1.69M (Price range: $30.68 - $31.06) • Cumulative Repurchases: 11,614,809 Class A shares bought back to date under the authorized $1B program.
Comprehensive Analysis
Executive Summary
On September 3, 2026, News Corporation filed a Form 8-K under Item 8.01 (Other Events) to report daily transaction disclosures under its ongoing stock repurchase program, pursuant to Australian Securities Exchange (ASX) listing requirements.
Repurchase Program Details
- Authorization: Up to $1.0 billion aggregate of Class A and Class B common stock authorized as of July 15, 2025.
- Broker: Goldman Sachs & Co. LLC
- Exclusions: ASX-listed CDIs are not repurchased under this program.
Daily Transaction Summary (September 3, 2026)
- Class of Shares: Class A Common Stock (
NWSA/NWSAA) - Shares Bought Back on Day: 54,641 shares
- Consideration Paid on Day: US$1,686,325.08
- Daily Price Range: Highest price of US$31.06; Lowest price of US$30.68
- Cumulative Prior Class A Repurchases: 11,560,168 shares for US$299,575,894.85
- Total Class A Repurchases to Date: 11,614,809 shares (~US$301.26M)
Trading Significance
Low. This represents a routine daily disclosure mandated by the ASX for dual-listed companies conducting on-market buybacks under an existing, pre-announced repurchase authorization.
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