NEWS CORP 8-K
Research Summary
AI-generated summary
News Corp Files 8-K on $1B Stock Repurchase Program Disclosures
What Happened
News Corporation (NWSA) filed an 8-K dated January 30, 2026, reporting information provided to the Australian Securities Exchange (ASX) about the Company's ongoing stock repurchase program. The Company is authorized to repurchase up to $1 billion in the aggregate of its Class A and Class B common stock. The filing attaches the ASX-disclosed information as Exhibits 99.1 and 99.2 and includes customary forward‑looking statement language and disclaimers. The report is signed by Michael L. Bunder, Senior Vice President, 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.
- Regulatory requirement: News Corp provides ASX with daily disclosure of repurchase transactions, when any occur.
- Exhibits: Exhibits 99.1 and 99.2 are the copies of the information provided to the ASX on the dates noted in those exhibits.
- Forward‑looking statements: The ASX disclosures contain forward-looking language and the Company states it does not undertake to update those statements except as required by law.
Why It Matters
A publicly disclosed repurchase program is a capital-allocation tool that can reduce share count and support shareholder value, and daily ASX disclosures increase transparency about repurchase activity. This 8-K does not itself announce specific repurchase transactions or amounts bought on particular dates—investors should review the attached ASX disclosures and the Company's periodic reports for actual transaction details and timing. The filing reiterates that repurchase actions depend on market conditions and other factors described in the Company’s SEC filings.