What changed
News Corporation lodged an update to its buy-back notification for the 2025 Repurchase Program, which authorizes up to an aggregate of US$1 billion of Nasdaq-listed Class A common stock and Class B common stock. The program was authorized as of July 15, 2025, with repurchases to be made 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 the program.
Why it matters
News Corporation lodged an update to its buy-back notification for the 2025 Repurchase Program, which authorizes up to an aggregate of US$1 billion of Nasdaq-listed Class A common stock and Class B common stock. The program was authorized as of July 15, 2025, with repurchases to be made 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 the program.