News Corporation stock gains on buyback activity

News Corporation stock was trading at USD 31.60 on Nasdaq on September 24, 2026, up 1.21 percent during the session. The immediate company catalyst is a USD 1 billion repurchase program, including USD 321.7 million of purchases reported for September 23, 2026, according to TradingView.

Buyback activity reaches USD 321.7 million

The authorization covers Nasdaq-listed Class A and Class B common stock. The September 23 purchase figure gives the program a concrete operating signal and links the current market move to capital allocation rather than to a new operating forecast.

The repurchase is also distinct from the companys Australian-listed securities. That separation matters because the reference price here is the Nasdaq quotation for News Corporation stock, not an ASX CDI price.

Fiscal 2026 revenue rises 7 percent

News Corp reported fiscal 2026 revenue of USD 9 billion, up 7 percent from the prior year, while total segment EBITDA increased 15 percent to more than USD 1.6 billion, according to Yahoo Finance. Free cash flow rose 42 percent to USD 811 million, giving the buyback a stronger cash-flow backdrop than revenue growth alone would suggest.

The latest annual figures are consistent with the companys reported fourth-quarter performance. Business Wire reported fourth-quarter revenue of USD 2.34 billion, an 11 percent increase, for the three months ended June 30, 2026. The combination of double-digit quarterly growth and faster EBITDA expansion points to operating leverage across the portfolio.

Stock remains below its yearly high

At USD 31.60 on September 24, 2026, News Corporation stock was USD 4.16 below its 52-week high of USD 35.76, a gap of 11.6 percent. The 52-week low is USD 25.49, while market capitalization stands at USD 17,297,049,984.

The price move and the repurchase activity now form the clearest near-term market reference. For investors, the important distinction is that the buyback is measurable today, while the fiscal 2026 figures show the operating results that support the broader capital-allocation case.