NEWS CORP 8-K

What Happened
News Corporation (NWSA) filed an 8‑K on February 17, 2026, attaching copies of information it provided to the Australian Securities Exchange (ASX) regarding its ongoing stock repurchase program. The company reiterated that it is authorized to buy up to $1 billion aggregate of Class A and Class B common stock and noted ASX rules require daily disclosure of repurchase transactions, if any. The filing includes standard forward‑looking statements cautioning that actual repurchases depend on market conditions and other factors. The report was 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.
• ASX requirement: daily disclosure to the ASX of transactions under the repurchase program, when they occur.
• Exhibits: copies of the information provided to the ASX are attached as Exhibit 99.1 and Exhibit 99.2.
• Forward‑looking statements: management notes these statements are based on current expectations and are not promises to repurchase; no obligation to update them except as required by law.

Why It Matters
This 8‑K is primarily a transparency/notice filing rather than an announcement of specific buybacks. For investors, the existence of an active $1 billion repurchase program can support share price and potentially reduce shares outstanding if purchases are made, which may affect metrics like earnings per share. Because the filing does not report specific repurchases, investors should monitor the ASX daily notices and the company’s quarterly/annual reports for any actual repurchase activity and amounts.