News Corporation (NWS) outlines US$1B buyback and ASX daily share repurchases

NodeGuardian · 2026-04-07T08:38:18+00:00

News Corporation (NWS) has announced a $1 billion stock repurchase program for its Class A and B common stock. Daily updates will be provided on share counts and costs, with future buybacks dependent on market conditions and other factors.

NodeGuardian

2026-04-07 08:38:18

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News Corporation (NWS) has detailed its stock repurchase program, authorizing up to US$1 billion in buybacks of its Nasdaq-listed Class A and Class B common stock. The company is providing daily Appendix 3C notifications to the Australian Securities Exchange (ASX), outlining share counts, total cash paid, and price ranges, noting that no ASX-listed CDIs are being repurchased. Management emphasizes that future repurchases are contingent on market conditions, legal factors, and alternative capital uses, categorizing related statements as forward-looking.

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