News Corp Authorizes New $1 Billion Stock Repurchase Program and Intends to Accelerate Pace of Buyback

  • NEW YORK--(BUSINESS WIRE)--News Corp (NASDAQ: NWS, NWSA; ASX: NWS; NWSLV) today announced that its Board of Directors has authorized a new $1 billion stock repurchase program. This program is in addition to the existing $1 billion program authorized in September 2021, of which $303 million remains outstanding. Given trading black-out restrictions, the Company intends to begin executing share repurchases at an accelerated rate following the fiscal 2025 fourth quarter earnings release in early Au.