NEWS CORP 8-K

What Happened

• News Corporation (NWSA) filed a Form 8-K on December 31, 2025 (Item 8.01) providing copies of information it supplied to the Australian Securities Exchange (ASX) about its ongoing stock repurchase programs.
• The Company is authorized to buy up to $1.0 billion in the aggregate of its Class A and Class B common stock under those programs. The ASX requires News Corp to disclose daily any transactions made under the repurchase programs; the company attached the ASX notices as Exhibits 99.1 and 99.2.
• The ASX disclosures include forward‑looking statements about the Company’s intent to repurchase shares; News Corp states these are based on current expectations and disclaims any obligation to update them except as required by law.

Key Details

• Authorized repurchase capacity: up to $1.0 billion aggregate of Class A and Class B common stock.
• Filing date and signatory: Form 8-K filed December 31, 2025; signed by Michael L. Bunder, Senior VP, Deputy General Counsel and Corporate Secretary.
• ASX requirement: daily public disclosure of any transactions under the repurchase programs.
• Exhibits: Exhibits 99.1 and 99.2 are the specific ASX notices provided to the exchange.

Why It Matters

• The filing confirms the Company’s active repurchase program framework and increases transparency by sharing the ASX notices investors will see daily if repurchases occur.
• While the 8-K does not state specific recent repurchase volumes or timing, an authorized $1.0 billion buyback gives News Corp flexibility in capital allocation; share repurchases, if executed, can reduce shares outstanding and may affect per‑share metrics.
• The forward‑looking statements and the Company’s disclaimer remind investors that repurchase activity depends on market conditions, legal constraints and management decisions.