News Corp stock extends buyback as Class A trades around $29

News Corp Inc. (US65249B2088) stock is trading close to $29 on August 17, 2026, as the company outlines new progress under its $1 billion share repurchase program for its Nasdaq-listed Class A and Class B common stock.

The latest disclosures show that News Corp has already committed hundreds of millions of dollars to buybacks under the 2025 Repurchase Program, shrinking its free float and reinforcing capital returns to shareholders.

For investors, the combination of active repurchases and a solid recent earnings backdrop keeps capital allocation at the center of the News Corp equity story.

Buyback tally climbs under 2025 program

Per a recent update on August 17, 2026, News Corp reports that its US$1 billion repurchase authorization continues to be used actively for both Class A and Class B shares under the 2025 Repurchase Program. The program permits up to US$1 billion in aggregate repurchases across both share classes, with the latest figures detailing purchases through August 14, 2026.

For one share class covered in the filing, News Corp reports that 10,783,668 shares had been repurchased before August 14, 2026, with an additional 58,482 shares bought on August 14, 2026. The cash consideration attached to those repurchases totaled US$276,136,680.17 before August 14, plus a further US$1,697,673.98 on that date under the program.

For the other share class, the company discloses 5,062,536 shares repurchased before August 14, 2026, and 25,457 shares repurchased on August 14, 2026. The cash spent on those shares reached US$147,189,694.17 prior to August 14, with an extra US$842,361.95 deployed on August 14, according to the same filing.

Taken together, these figures show that News Corp has bought back 15,930,143 shares across the two classes through August 14, 2026, with a combined cash outlay of US$426,869,410.27 over the period represented in the disclosure. That total compares with the full US$1 billion capacity of the 2025 Repurchase Program and indicates that News Corp has used a little more than 42.6 percent of its authorization so far.

The August 17, 2026 Form 8-K disclosure also includes exhibits prepared for the Australian Securities Exchange that summarize the daily repurchase transactions, underscoring the cross-market regulatory context for the buyback activity.

Market reaction and valuation context

In parallel with the fresh buyback details, News Corp Class A shares trade at $29.16 on August 17, 2026, according to market data compiled during the Nasdaq trading session. The intraday high on August 17, 2026, stands at $29.24, with a low of $28.80, placing the current price 1.2 percent above the session low and 0.3 percent below the session high.

The same market snapshot shows the Class A stock up 0.76 percent on the day, reflecting a modest positive reaction as investors digest the latest repurchase information disclosed via Form 8-K. In a separate overview, News Corp shares are described as up 26 percent over the past six months, signaling that the stock has delivered a double-digit percentage gain over that period while still trading close to an indicated fair value estimate of $29.61.

That six-month performance illustrates how the combination of operational delivery and capital returns has supported the share price since the start of the buyback period. A 26 percent advance over half a year compares favorably with many diversified media peers, especially given that the company continues to highlight share repurchases as one of its primary uses of cash.

From a valuation standpoint, the fair value estimate of $29.61 sits modestly above the current $29.16 quote, implying a discount of 2.2 percent relative to that benchmark. The gap is tight, suggesting that the market already prices in much of the buyback benefit and recent earnings progress, and that further upside may depend on continued profit growth or an expansion of repurchase activity.

Earnings calendar and dividend timeline

The latest company calendar overview shows that News Corp last reported earnings on August 5, 2026, making that the most recent quarterly communication available to investors based on current data. While detailed revenue and profit metrics for that quarter are not restated in the day-filtered sources, the proximity of the earnings date to August 17, 2026, means that the share repurchase disclosure is landing in a period of fresh fundamental information and updated guidance.

The same calendar view also lists key upcoming dates related to shareholder returns, including September 9, 2026 as the record date for a dividend scheduled to be paid on October 7, 2026, and September 9, 2026 as the ex-dividend date for that distribution. This sequence underlines that News Corp is currently combining buybacks with cash dividends, a dual-track return profile that can appeal to income-oriented investors as well as those focused on total return.

With an estimated next earnings date in early November 2026, investors can expect the buyback and dividend narrative to be revisited when News Corp presents its next set of financial results. The reporting period that ended before August 5, 2026 falls well within the nine-month freshness window for interim figures relative to August 17, 2026, positioning those results as the current fundamental baseline for the stock, even though specific revenue and earnings numbers are not included in the day-filtered snippets used here.

Against this backdrop, the disclosed buyback utilization of 42.6 percent of the US$1 billion authorization can be read alongside the dividend calendar as evidence of a deliberate capital allocation strategy. Repurchases reduce share count and can support earnings per share, while dividends provide direct cash returns, and together they frame how News Corp is deploying its cash flows generated in recent quarters.

Regulatory filings highlight share activity

Beyond the main Form 8-K covering the US$1 billion program, News Corp related regulatory activity on August 17, 2026 includes a Form 144 filing that references proposed sales of 21,521 Class A shares through a broker, with an aggregate market value of $623,930.70. The filing lists an outstanding share count of 360,503,747 Class A shares and identifies Nasdaq as the trading venue.

These figures provide context for sizing the repurchase program: the 10,842,150 Class A shares repurchased up to August 14, 2026 under the program, as reflected in the buyback tally, represent about 3.0 percent of the cited 360,503,747 outstanding Class A shares. That percentage gives a concrete sense of how repurchases are beginning to chip away at the float, with incremental reductions to share count potentially supporting per-share metrics over time.

For the Class B line, the 5,087,993 shares repurchased through August 14, 2026 also contribute to the overall reduction in News Corp's equity base under the US$1 billion program. Together, the buybacks across both classes enhance the relative weight of remaining shares, which can amplify the effect of future earnings growth on per-share outcomes.

The interplay of repurchases and insider or strategic sales disclosed via Form 144 is part of the broader capital markets narrative for News Corp. While the repurchase program reduces shares outstanding, Form 144 filings can signal planned sales by holders, and investors often monitor the net effect to gauge whether the company and key shareholders are, collectively, expanding or contracting the effective float.

Representative product: digital news platforms

One of News Corp's most visible business pillars is its portfolio of digital and print news brands, which includes large-scale online platforms and subscription services. These properties monetize audiences through a blend of digital advertising, paid subscriptions, and licensed content, translating editorial reach into recurring revenue streams.

The economics of such platforms matter directly for shareholders, because steady subscription growth and disciplined cost control can contribute to margin expansion and higher free cash flow. In that context, the company's decision to commit up to US$1 billion to share repurchases reflects confidence that its businesses, including digital news operations, will continue to generate cash in excess of operational needs and strategic investments.

Investors following News Corp's stock often track user engagement metrics, subscriber counts, and advertising trends alongside the company's capital allocation moves. A robust digital footprint can support long-term demand for the stock, especially when coupled with visible returns of capital such as the current buyback program and the scheduled dividend payment in October 2026.

News Corp stock and current trading level

As of the August 17, 2026 trading session, News Corp Class A shares trade at $29.16 on Nasdaq, within a narrow band defined by the intraday high of $29.24 and low of $28.80 reported for that date. The market reaction to the updated repurchase disclosures is positive but measured, with a single-day gain of 0.76 percent reflecting steady interest rather than aggressive re-rating.

For retail investors, the current setup pairs a stock price very close to an indicated fair value benchmark of $29.61 with evidence that News Corp has already deployed US$426,869,410.27 of its US$1 billion buyback capacity. The quantified comparison between that deployed amount and the overall authorization, along with the 26 percent six-month share price gain, offers a concise snapshot of how capital returns and market performance intersect at this stage of the 2025 Repurchase Program.

Go deeper

Read more on the latest News Corp stock buyback disclosure and trading context.

Investor Relations

Further details on News Corp's filings and capital allocation can be found in its investor relations materials.

Fact box

Company: News Corp Inc.

ISIN: US65249B2088

Ticker: NWSA

Exchange: Nasdaq

Price (as of August 17, 2026): $29.16 USD

Sector / Industry: Media / Publishing

Index membership: Not specified