News Corp Reports Daily Stock Repurchase of Class A Shares Under $1B Buyback Program
News Corporation
Subscribe to track NWSA
Premium users can add ticker alerts and receive realtime notification updates.
Filing Summary
š° News Corporation (NWSA) filed an 8-K disclosing daily share repurchase activity pursuant to Australian Securities Exchange (ASX) requirements.
⢠Class: Class A Common Stock
⢠Shares Repurchased (11/02/2026): 58,482
⢠Total Consideration: $1,738,541.20 ($29.73/share)
⢠Cumulative Program Total: 14,008,731 shares ($371.88M) under the $1.0B authorization
⢠Significance: Low (Routine daily ASX disclosure)
Comprehensive Analysis
Overview
On November 2, 2026, News Corporation filed a Form 8-K under Item 8.01 (Other Events) to provide daily transaction disclosures for its ongoing stock repurchase program, as mandated by the rules of the Australian Securities Exchange (ASX).
Transaction Details
- Program Authorization: Up to an aggregate of US$1.0 billion of Class A and Class B common stock authorized as of July 15, 2025.
- Security Class: Class A Common Stock (
NWSA/ ASX:NWSAA) - Daily Repurchase Date: November 2, 2026
- Shares Repurchased on Previous Day: 58,482 shares
- Daily Consideration Paid: US$1,738,541.20
- Price Range for the Day: Lowest US$29.46 | Highest US$29.915
- Cumulative Repurchases to Date (Class A): 14,008,731 shares totaling approximately US$371.88 million.
Market Impact & Significance
This filing represents a routine disclosure required due to News Corporation's secondary listing on the ASX. Daily repurchases are conducted under the previously authorized $1 billion capital return program and represent standard execution rather than a new corporate action or discretionary insider signal.
Get Real-Time Alerts
Join our community to receive instant notifications when high-significance filings are published
Important Disclaimer
This content is drawn from public SEC filings and may contain errors. It is for informational purposes only and is not investment, legal, or tax advice.
Nothing here is a recommendation to buy, sell, or hold any security. Do your own due diligence.
