The filing confirms an existing program, rather than announcing a new one. News Corp can repurchase up to US$1 billion of Nasdaq-listed Class A and Class B shares, with no ASX-listed CDIs included. 〔0〕 The authorization dates to July 15, 2025, so the existence of the buyback is already known. (Buy-back notification — Q2.2)
| Metric | Filing figure |
|---|---|
| Total shares outstanding in the class | 142,285,166 (Buy-back notification — Q3A.1) |
| Buyback authorization | US$1.0 billion (Buy-back notification — Q2.2) |
| Cumulative purchases to date | Approximately US$423.3 million (Buy-back notification — Q4.8) |
| Shares bought on August 13, 2026 | 27,128 (Buy-back notification — Q4.3) |
| Consideration paid on August 13, 2026 | US$892,180.24 (Buy-back notification — Q4.4) |
Execution is continuing at a modest daily pace. The company repurchased 27,128 shares for US$892,180.24 on August 13, 2026, while cumulative spending has reached approximately US$423.3 million. 〔1〕 (Buy-back notification — Q4.3, Q4.4, Q4.8)
The market read is neutral because nothing economically new was disclosed. The filing provides routine execution data and repeats the stated rationale—“to enhance shareholder value”—but does not expand the authorization, change the pace, add a minimum purchase commitment, or introduce a new capital-allocation action. (Buy-back notification — Q3A.12)
The only forward signal is that substantial authorization remains unused. Based on the filing’s US$1 billion authorization and approximately US$423.3 million already spent, roughly US$576.7 million remains available by simple subtraction; future purchases remain subject to market conditions and share price. 〔2〕
Read the original 8-K on SEC EDGAR ↗