This is a routine progress update, not a new capital-return decision. The $1 billion repurchase program was authorized on July 15, 2025, and this filing is a daily notification updating the previously announced program rather than expanding or changing it. 〔0〕
News Corp has used roughly 46% of the authorization so far. The company says cumulative purchases total approximately $463.3 million, leaving about $536.7 million of theoretical capacity before transaction costs and subject to market conditions. 〔1〕
| Buyback measure | Amount | Filing reference |
|---|---|---|
| Total authorization | $1.000 billion | Buyback description |
| Cumulative purchases | ~$463.311 million | Daily notification, Question 4.8 |
| Remaining implied capacity | ~$536.689 million | Derived from authorization less cumulative purchases |
| Purchases on previous day | 54,641 shares; $1.674 million | Daily notification, Questions 4.3–4.4 |
| Shares outstanding in reported Class A class | 359,946,996 | Question 3A.1 |
The latest activity is meaningful in dollars but not a fresh surprise. The company repurchased 54,641 shares for $1.67 million on September 4, 2026, while the filing gives no new timing, minimum commitment, acceleration, or change in strategy. 〔2〕
Net read: the program is active, but the filing is neutral versus expectations. It confirms continued execution and reduces the share count over time, but because the authorization and buyback framework were already known, this notification does not materially reshape the market’s standing view.
Read the original 8-K on SEC EDGAR ↗