News Corporation Announces Ongoing \$1 Billion Stock Buyback Program

Key Highlights for Investors

• News Corporation (NASDAQ: NWSA/NWS) is continuing its substantial share buyback program, authorizing up to \$1 billion in stock repurchases.
• The repurchase program covers both Class A and Class B common stock, with an aggregate ceiling of \$1 billion.
• As of April 14, 2026, the company disclosed daily buyback activity to the Australian Securities Exchange (ASX), as required by ASX rules.
• The stated purpose of the buyback is to enhance shareholder value.
• Recent daily repurchase figures: On April 14, 2026, News Corporation bought back 2,352,858 shares for a total consideration of \$64,887,679.80.
• The lowest price paid in recent buybacks was \$28.80 per share, on February 13, 2026.
• The program does not require shareholder approval and is being conducted in the open market.
• The stock buyback is being funded with company cash and is not subject to a minimum purchase amount.
• Forward-looking statements: The buyback program is subject to market conditions, stock price fluctuations, and other external factors. There is no guarantee that the full authorized amount will be repurchased.

Detailed Report

News Corporation has reaffirmed its commitment to returning capital to shareholders via an ongoing share repurchase program. The company is authorized to buy back up to \$1 billion worth of its Class A and Class B common stock. This buyback effort is part of a previously established program and is designed explicitly to “enhance shareholder value.”

Under the rules of the Australian Securities Exchange (ASX), News Corporation is required to provide daily disclosure of its buyback activities. The company also includes this information in its quarterly and annual reports. The latest disclosures show that on April 14, 2026, News Corp repurchased 2,352,858 shares at a total cost of \$64,887,679.80. The company paid as high as \$28.80 per share in recent transactions (with the lowest price paid on February 13, 2026).

The buyback program is conducted on-market and does not require additional shareholder approval. It is important to note that the maximum aggregate repurchase is capped at \$1 billion, and as such, the remaining amount available for buybacks will decrease with each purchase.

The repurchase program is “forward-looking” and subject to several uncertainties, including stock price changes, market conditions, and applicable securities laws. Management emphasized that actual repurchases may vary from current intentions, and there is no obligation to update forward-looking statements unless required by law.

Potential Price Sensitivity: Share buybacks of this magnitude often influence share prices by reducing the number of outstanding shares—potentially boosting earnings per share (EPS) and signaling management’s confidence in the company’s prospects. Investors should monitor ongoing buyback disclosures closely, as they may impact share valuation and investor sentiment.

The company has made clear that its buyback activities are intended to optimize capital allocation and maximize long-term shareholder returns. The continued execution of the program, or any changes to its pace or size, could be price-sensitive news for shareholders and market participants.

Key Points for Shareholders

• This is a significant capital management initiative, with a potential impact on share price and valuation metrics.
• The program is ongoing, and investors should expect regular disclosures regarding daily buyback activity.
• No shareholder vote is required, and the company’s board has discretion over the timing and amount of repurchases.
• Forward-looking statements apply; buyback amounts may change due to market conditions.

Company Details

• Business address: 1211 Avenue of the Americas, New York, NY 10036
• Phone: 212-416-3400
• NASDAQ trading symbols: Class A (NWSA), Class B (NWS)

Disclaimer: This article is for informational purposes only and does not constitute investment advice. Investors should conduct their own due diligence and consult with their financial advisors before making any investment decisions. News Corporation’s share buyback program is subject to change, and forward-looking statements may not be realized as described above. The company disclaims any obligation to update its forward-looking statements except as required by law.

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