NEWS CORP 8-K

What Happened

• News Corporation (NWSA) filed an 8-K on December 30, 2025, disclosing information provided to the Australian Securities Exchange (ASX) regarding its ongoing stock repurchase programs.
• The Company is authorized to repurchase up to $1.0 billion in the aggregate of its Class A and Class B common stock. Copies of the ASX notices are attached as Exhibit 99.1 and Exhibit 99.2. The filing was signed by Michael L. Bunder, SVP, Deputy General Counsel and Corporate Secretary.

Key Details

• Authorized repurchase amount: up to $1.0 billion aggregate of Class A and Class B common stock.
• ASX requirement: the Company provides daily disclosure of any transactions under the repurchase programs to the ASX.
• Documents attached: ASX notices provided on the dates shown (Exhibits 99.1 and 99.2).
• Forward-looking statements: the filings include forward-looking language about intent to repurchase and note that actual repurchases depend on market conditions, laws, and other factors; no obligation to update these statements.

Why It Matters

• Stock repurchases can reduce share count and potentially increase earnings per share and shareholder value if executed. Regular ASX disclosures improve transparency about buyback activity for investors.
• The filing does not commit the Company to specific future repurchases; repurchases remain subject to market conditions, legal constraints and management discretion, so investors should not assume a guaranteed level or timing of buybacks.