|8-KFeb 25, 8:30 PM ET

NEWS CORP 8-K

Research Summary

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Updated

News Corporation Files ASX Disclosures for $1B Stock Repurchase Program

What Happened

  • News Corporation (NWSA) filed an 8‑K on February 26, 2026, providing information submitted to the Australian Securities Exchange (ASX) about its ongoing stock repurchase program.
  • The company reiterated that it is authorized to buy up to $1 billion aggregate of its Class A and Class B common stock and disclosed copies of the ASX communications as Exhibits 99.1 and 99.2.

Key Details

  • Authorized repurchase amount: up to $1 billion aggregate of Class A and Class B common stock.
  • Filing date: February 26, 2026 (8‑K filed and signed by Michael L. Bunder, Senior VP, Deputy General Counsel & Corporate Secretary).
  • ASX requirement: company must provide daily disclosure of any transactions made under the repurchase program; the attached exhibits are the ASX notices for the dates shown.
  • The attached ASX information contains forward‑looking statements about the company's intent to repurchase shares, subject to market conditions and legal/regulatory limits; the company disclaims any obligation to update those forward‑looking statements except as required by law.

Why It Matters

  • The repurchase program can reduce shares outstanding if purchases are made, which may affect earnings per share and shareholder value; the 8‑K confirms ongoing disclosure and transparency around such activity.
  • No change to the $1 billion authorization or new repurchase terms were announced in this filing—only the ASX disclosures and related forward‑looking statement cautions were attached.