NEWS CORP 8-K

What Happened

• News Corporation (NWSA) filed an 8-K on January 2, 2026 reporting information it provided to the Australian Securities Exchange (ASX) about its ongoing stock repurchase program.
• The company is authorized to repurchase up to $1 billion in aggregate of its Class A and Class B common stock and provides daily ASX disclosure of any transactions under the program. The 8-K attaches the actual ASX notices as Exhibit 99.1 and Exhibit 99.2. The report was signed by Michael L. Bunder, Senior Vice President, Deputy General Counsel and Corporate Secretary.

Key Details

• Authorized buyback size: up to $1.0 billion aggregate of Class A and Class B common stock.
• Regulatory requirement: ASX requires daily disclosure of any repurchase transactions; News Corp is providing those notices to the ASX.
• Attachments: Exhibits 99.1 and 99.2 are the copies of the information provided to the ASX on the noted dates.
• Forward-looking statements: The ASX notices include forward-looking statements about intent to repurchase; the company disclaims any duty to update those statements except as required by law.

Why It Matters

• A $1 billion repurchase program can reduce share count over time if shares are bought back, which can increase earnings per share and potentially support the stock price; however, this filing is disclosure of ASX notices, not a new authorization.
• Daily ASX disclosures increase transparency about actual buyback activity—investors should review the attached ASX notices (Exhibits 99.1/99.2) or subsequent daily notices to see whether and when repurchases occurred.
• The filing highlights factors that may affect repurchases (market price, market conditions, legal constraints), which can influence the timing and scale of any buybacks.