News Corp updates on $1 billion stock repurchase program
#News Corp #Stock buyback #Share repurchase #Capital allocation #Investor relations #SEC filing #Market valuation
📌 Key Takeaways
- News Corp is actively executing a stock repurchase program valued at up to $1 billion.
- The buyback includes both Class A and Class B common stock traded on public markets.
- The primary goal of the program is to enhance shareholder value and improve capital efficiency.
- The company maintains the flexibility to adjust the timing and volume of purchases based on market volatility.
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🏷️ Themes
Finance, Corporate Strategy, Media Industry
📚 Related People & Topics
Share repurchase
Reacquisition by a company of its own shares
Share repurchase, also known as share buyback or stock buyback, is the reacquisition by a company of its own shares. It is an alternative way of returning money to shareholders than dividends. After a repurchase event, the company's stock price is now proportionally higher because of the smaller num...
News Corp
American multinational mass media company
The second and current incarnation of News Corporation, doing business as News Corp, is an American mass media and publishing company headquartered at 1211 Avenue of the Americas in Midtown Manhattan, New York City. The company was formed on June 28, 2013, as a spin-off of the first News Corporation...
Investor relations
Company communication with investors
Investor relations (IR) is a "strategic management responsibility that is capable of integrating finance, communication, marketing and securities law compliance to enable the most effective two-way communication between a company, the financial community, and other constituencies, which ultimately c...
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📄 Original Source Content
try{ var _=i o; . if(!_||_&&typeof _==="object"&&_.expiry As Claude disrupts stock market, Anthropic researcher warns ’world is in peril’ Gold, silver prices rise amid U.S.-Iran tensions, blowout January payrolls data Dow halts three-day win streak as blowout jobs data curbs rate cut bets Citi pushes back Fed rate cuts to May after blowout January jobs report (South Africa Philippines Nigeria) News Corp updates on $1 billion stock repurchase program SEC Filings Published 02/09/2026, 08:24 AM News Corp updates on $1 billion stock repurchase program 0 NWS -1.64% NWSA -1.53% NWS -5.03% News Corp (NASDAQ:NWSA, NASDAQ:NWS) provided an update on its authorized stock repurchase program, which permits the company to buy back up to $1 billion in aggregate of its outstanding Class A and Class B common shares. This information was disclosed in a press release statement and detailed in a filing with the Securities and Exchange Commission. The announcement comes as the $13.07 billion media giant’s stock has fallen nearly 16% over the past week and is currently trading near its 52-week low of $22.41, according to InvestingPro data. According to the company, disclosures regarding transactions under the repurchase program are made daily to the Australian Securities Exchange, as required by ASX rules. News Corp also includes information about the program in its quarterly and annual reports. The filing reiterated that any statements about the intent to repurchase shares are forward-looking and subject to change based on factors such as market price, general market conditions, applicable securities laws, and alternative investment opportunities. The company stated that it does not undertake any obligation to update forward-looking statements except as required by law or regulation. No specific details regarding the timing, amount, or execution of repurchases were provided in the filing. The information is based on a press release statement included in the SEC filing. In other recent n...