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Stocks•16 April 2026•

1 min read

News Corp Outlines $1 Billion Share Buy-back Program to Enhance Shareholder Value

Key Facts

1News Corp announced a program to repurchase up to $1 billion of its Nasdaq-listed Class A and Class B common stock.

2The company has already repurchased over 7 million shares totaling more than $182 million at prices ranging from $22.20 to $31.40.

3The program targets Nasdaq-listed shares only and excludes ASX-listed CHESS Depositary Interests.

News Corp has detailed a strategic share repurchase program targeting up to $1 billion of its Nasdaq-listed Class A and Class B common stock. This initiative is a core component of the company's capital management strategy designed to return value to shareholders and signal management's confidence in the firm's valuation. To date, the company has already executed the buy-back of over 7 million shares, totaling more than $182 million at price points between $22.20 and $31.40. Notably, the program is restricted to Nasdaq-listed shares and excludes CHESS Depositary Interests (CDIs) traded on the Australian Securities Exchange (ASX). Market analysts view the buy-back as a bullish signal, as reducing share supply typically supports stock prices and improves earnings per share metrics. While the move aligns with broader corporate trends, its novelty is considered moderate since it continues an existing 2025 framework. The execution of this program underscores News Corp's commitment to disciplined capital allocation in the current fiscal year.