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Gotrade News - News Corp (NWSA) repurchased 28,539 Class A shares for $763,335.49 and 12,422 Class B shares for $371,640.15 on Wednesday, November 11, 2026, under its $1 billion 2025 Repurchase Program, according to the company's daily buy-back notification filed with the SEC on Thursday, November 12, 2026.
Regular-session close on November 12, 2026, New York time. Prices and changes: Yahoo Finance, cross-checked against the closing price on Nasdaq.com.
What News Corp Announced
News Corp filed two daily buy-back notifications at 7:44 a.m. ET on Thursday, November 12, 2026, one for its Class A common stock and one for its Class B common stock, as exhibits to a Form 8-K. Both are Appendix 3C notices under Australian Securities Exchange Listing Rule 3.8A and report repurchases made on Wednesday, November 11, 2026.
Before that day, the company had bought back 14,277,475 Class A shares for total consideration of $379,430,143.05 and 6,586,122 Class B shares for $197,163,956.13, the filings show. The company said it has purchased approximately $577,729,075 worth of Class A and Class B shares to date under the 2025 Repurchase Program, based on total consideration paid.
The program, authorized as of Tuesday, July 15, 2025, covers up to an aggregate of $1 billion of the company's Nasdaq-listed Class A and Class B common stock. The filings name Goldman Sachs & Co. LLC as the broker and state that no ASX-listed CDIs will be repurchased.
Why It Matters for NWSA
News Corp gives the reason for the buy-back as "to enhance shareholder value," according to the filings. The company said it intends to repurchase a combination of Class A and Class B shares from time to time, in the open market or otherwise, subject to market conditions, the market price of its stock and other factors.
The approximately $577,729,075 purchased to date compares with the $1 billion authorized under the program, the filings show. The notices list 357,410,985 Class A shares and 144,250,189 Class B shares on issue, and state that the buy-back does not require shareholder approval.
This article is for education and information only and is not investment advice. Investment decisions are yours to make after your own research.
This article was written with the help of AI and checked by the Gotrade team before publishing.
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M. Alfathan Rahman is a content writer with over 3 years of experience developing digital content strategies across various industries, including fintech. He has experience producing content for tax-related websites and financial education platforms. His focus areas include data research, and crafting financial articles that are informative, accurate, and accessible to investors of all experience levels.
