News Corp stock steadies as buybacks top $438.8 million
Published on 08/26/2026 at 08:12 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
News Corp (US65249B1098) is leaning on a $1 billion repurchase program, with 16,349,836 shares already bought back for $438,750,942.06 as of August 24, 2026. The company disclosed the latest buyback activity in a recent regulatory filing, including another 78,425 shares repurchased for $2,502,807.17 on August 24, 2026.
Buyback math
The detailed filing breaks the program into two share classes: 11,134,560 shares for $286,449,373.11 in one class and 5,215,276 shares for $152,301,568.95 in the other. That means News Corp has already used 43.9 percent of the $1 billion authorization, while the reported buyback prices ranged from $22.20 to $30.79.
Those figures matter because they give investors a concrete valuation band for management's capital allocation. The latest repurchase session also shows the company is still active under the program rather than sitting on the authorization.
Share count focus
The two share classes add up to 502,998,771 securities outstanding before the repurchases shown in the filing's summary tables, and the company has already retired more than 16.3 million of them. In the first class, 11,134,560 shares bought back against 360,464,857 outstanding is a reduction of just over 3 percent; in the second class, 5,215,276 bought back against 142,533,914 outstanding is a reduction of a little more than 3.6 percent.
That scale of shrinkage can support per-share earnings even before any operating improvement shows up. It also leaves News Corp with more than $561 million of remaining room under the program if it keeps buying at similar pace.
What the company sells
News Corp's portfolio centers on digital news, subscriptions, and information services that combine journalism with recurring revenue. That mix is the operating base behind the repurchase authorization and the reason the buyback program matters to the share story.
Stock level
News Corp shares closed at $30.92 on August 25, 2026, and the stock sat just below the top of the disclosed buyback range of $30.79. The comparison is useful for investors because it places the market price within the same band management has recently used to retire shares.
Fact box
Company: News Corp
ISIN: US65249B1098
Ticker: NWSA
Exchange: Nasdaq
Price (as of August 25, 2026, 4:00 p.m. ET): $30.92 USD
Market cap: $15.8 billion
Sector / Industry: Media and information services
Index membership: Nasdaq-listed common stock
