What changed
News Corporation disclosed an "Other buy-back" program authorized on July 15, 2025, to repurchase up to an aggregate of US$1 billion of its Nasdaq-listed Class A common stock and Class B common stock. The repurchases will occur from time to time in the open market or otherwise, subject to market conditions and stock price. No ASX-listed CDIs will be repurchased under this program. The total number of Class A common stock on issue is 359,515,895.
Why it matters
News Corporation disclosed an "Other buy-back" program authorized on July 15, 2025, to repurchase up to an aggregate of US$1 billion of its Nasdaq-listed Class A common stock and Class B common stock. The repurchases will occur from time to time in the open market or otherwise, subject to market conditions and stock price. No ASX-listed CDIs will be repurchased under this program. The total number of Class A common stock on issue is 359,515,895.