This is a routine daily update, not a new capital-allocation decision. News Corp is reporting purchases under the existing $1 billion 2025 Repurchase Program, which was authorized on July 15, 2025. 〔0〕
| Buyback activity | August 17, 2026 | Cumulative before August 17 |
|---|---|---|
| Class A shares repurchased | 62,323 | 10,842,150 |
| Class B shares repurchased | 27,128 | 5,087,993 |
| Total consideration | $2.69 million | $428.55 million |
| Remaining authorization | — | ~$571.45 million |
The latest activity was modest relative to the authorization. The company repurchased 89,451 shares for $2.69 million on August 17, split between Class A and Class B stock (Exhibits 99.1 and 99.2). The filing gives no indication that the pace or scope of repurchases has changed.
The program is now roughly 43% deployed, but that is a progress update rather than a surprise. News Corp says it has purchased approximately $428.6 million of shares so far under the program. 〔1〕 Because these daily ASX notifications are required whenever purchases occur, the filing mainly confirms ongoing execution; it does not create a clean beat-or-miss benchmark.
Read the original 8-K on SEC EDGAR ↗