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News Corp Announces Pricing of Secondary Offering of Class B Common Stock

Strategic Insights

— 1 min read

News Corp, a global diversified media and information services company, has announced the pricing of a secondary offering of Class B common stock, totaling 14.07 million shares, at a price of $32.45 per share. The offering is being conducted by trusts established for the benefit of Prudence MacLeod, Elisabeth Murdoch, and James Murdoch, with the proceeds going directly to the Selling Stockholders.

Key Takeaways:

  • The secondary offering involves the sale of 14,071,293 shares of News Corp's Class B common stock, with the Selling Stockholders receiving all proceeds from the sale.
  • The offering is being conducted by Morgan Stanley, with the Company not participating in the sale and receiving no proceeds from the Offering.
  • The Offering is subject to market and other conditions, with no assurance as to whether or when the Offering may be completed.
  • News Corp has previously filed with the SEC a registration statement (including a prospectus) on Form S-3 (File No. 333-287206), and a preliminary prospectus supplement for the Offering.
  • The Company has a global, diversified portfolio of media, including information services and news, digital real estate services, and book publishing businesses.
  • News Corp operates primarily in the United States, Australia, and the United Kingdom, with a global reach for its content and other products and services.
  • The Company's shares are listed on the NASDAQ and ASX exchanges, under the symbols NWSA, NWS, NWSLV.

Statistics:

  • Total shares being offered: 14,071,293
  • Price per share: $32.45
  • Proceeds to Selling Stockholders: $457.3 million (14,071,293 shares x $32.45 per share)
  • Registration Statement: Form S-3 (File No. 333-287206)
  • Preliminary Prospectus Supplement: TBA
  • Payout to Selling Stockholders: 100% of Offering proceeds

Sources:

  • News Corp (2025, September 8) News Corp Announces Pricing of Secondary Offering of Class B Common Stock. https://newscorp.com/2025/09/08/news-corp-announces-pricing-of-secondary-offering-of-class-b-common-stock/

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