This is a routine progress report, not a new capital-allocation decision. The $1 billion repurchase program was authorized on July 15, 2025, and the filing is a daily notification of purchases made on September 10, 2026. The program remains discretionary and subject to market conditions. 〔0〕
| Measure | Latest filing | Program context |
|---|---|---|
| Shares bought on September 10, 2026 | 25,457 | — (Daily buy-back notification) |
| Consideration paid on September 10, 2026 | US$833,380.72 | — (Daily buy-back notification) |
| Cumulative repurchases | Approximately US$471.0 million | US$1.0 billion authorization (Buy-back description) |
| Remaining authorization | Approximately US$529.0 million | Calculated from filing figures |
Nearly half of the authorization has now been deployed, but the pace is not itself a surprise. News Corp says it has purchased approximately US$471,009,719 under the program, leaving roughly 53% of the authorization available. 〔1〕
The net read is neutral versus expectations. The filing confirms continued repurchases and shareholder-return support, but adds no increase to the authorization, no acceleration commitment, and no new strategic information. It also confirms that ASX-listed CDIs are excluded from the purchases. 〔2〕
Read the original 8-K on SEC EDGAR ↗