NEWS CORP 8-K
Research Summary
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News Corp Announces Updates on $1B Share Repurchase Program
What Happened News Corporation (NWSA) filed an 8‑K on February 25, 2026, attaching the information it provided to the Australian Securities Exchange (ASX) regarding its ongoing stock repurchase program. The company reiterates it is authorized to buy up to $1 billion of its Class A and Class B common stock and has provided daily ASX disclosures where required. The filing includes forward‑looking statements about the company's intent to repurchase shares and was signed by Michael L. Bunder, Senior VP, Deputy General Counsel and Corporate Secretary.
Key Details
- Authorized repurchase program size: up to $1.0 billion aggregate of Class A and Class B common stock.
- Regulatory disclosure: the ASX requires daily reporting of any transactions under the repurchase program; the 8‑K attaches the specific ASX notices (Exhibits 99.1 and 99.2).
- Filing date: February 25, 2026.
- Forward‑looking statements: company notes such statements are based on current expectations and are subject to change; no obligation to update them except as required by law.
Why It Matters This filing provides transparency about News Corp’s buyback program rather than announcing new, specific repurchases or timing. For investors, a share repurchase program can reduce outstanding share count and support earnings per share if and when repurchases occur; the ASX disclosures make any repurchase activity readily verifiable. Monitor future ASX notices and News Corp’s quarterly/annual reports for actual repurchase amounts and timing.