News Corp repurchases 13.5 million shares in latest buyback

News Corporation filed a daily buyback notification with the Australian Securities Exchange on October 23, 2026, reporting the repurchase of 13,556,238 shares of its Class A common stock on October 22, 2026. The company disclosed that it paid a total consideration of US$358,292,301.63 for these securities under its active repurchase program. This transaction is part of the 2025 Repurchase Program, which was authorized on July 15, 2025, and allows the company to buy back up to an aggregate of US$1 billion in a combination of Class A and Class B common stock.

The filing indicates that the highest price paid for the shares during the current period was US$31.58, recorded on August 27, 2026. The lowest price paid was US$22.20, dated February 9, 2026. News Corporation stated that the repurchases are conducted to enhance shareholder value. The company noted that it intends to repurchase shares from time to time in the open market or otherwise, subject to market conditions and the stock price.

Goldman Sachs & Co. LLC is identified as the broker offering to buy back the securities on the entity's behalf. The notification clarifies that no ASX-listed CDI units will be repurchased under these programs. The total number of Class A common stock securities on issue stands at 358,267,137. The buyback does not require security holder approval, nor are there restrictions on foreign participation. The company confirmed that no other conditions need to be satisfied before the buyback offer becomes unconditional.

This daily notification is required under listing rule 3.8A and must be submitted at least half an hour before the commencement of trading on the business day following any day on which securities are bought back. The entity's registration number is ARBN 163882933, and its ASX issuer code is NWS. The announcement is classified as a daily buy-back notification for an "Other" type of buy-back, a category generally applicable to entities established outside Australia. The consideration for the buyback is paid in US dollars.