 NEW YORK--BUSINESS WIRE--News Corp the Company today announced that its Board of Directors the Board has authorized a 1 billion stock repurchase program. Subject to market conditions and the market price of the Companys stock, as well as other factors, the Company intends to repurchase, from time to time, in the open market or otherwise, a combination of the Companys Class A common stock and Class B common stock. This stock repurchase program, which replaces the 500 million Class 