The filing confirms ongoing execution, not a new capital-allocation decision. News Corp is authorized to repurchase up to $1 billion of its Nasdaq-listed Class A and Class B shares, a program authorized on July 15, 2025. 〔0〕 Because the program was already disclosed, this daily notification adds execution detail rather than a fresh surprise.
| Buyback metric | Latest day / cumulative |
|---|---|
| Shares repurchased on August 25, 2026 | 54,641 |
| Consideration paid on August 25, 2026 | $1.68 million |
| Shares repurchased before August 25 | 11,189,201 |
| Cumulative consideration paid | $443.76 million |
| Total authorization | $1.00 billion |
| Approximate authorization remaining | $556.24 million |
The pace is modest for this single day but meaningful cumulatively. The company bought 54,641 shares for $1.678 million on August 25, 2026, while total spending under the program has reached approximately $443.8 million. 〔1〕
Versus expectations, this is neutral confirmation. There is no clean earnings-style consensus for a daily repurchase amount, and the program itself was already known. The update therefore supports the existing shareholder-return narrative without materially reshaping it; the key remaining variable is how quickly News Corp deploys the roughly $556 million still authorized. The filing also confirms that no ASX-listed CDIs will be repurchased. 〔2〕
Read the original 8-K on SEC EDGAR ↗