NEWS CORP 8-K

What Happened

• News Corporation (News Corp) filed an 8-K on May 29, 2026 announcing that it provided required daily disclosures to the Australian Securities Exchange (ASX) under its 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 includes Exhibits 99.1 and 99.2, copies of the information provided to the ASX on the dates shown in those exhibits. The report was signed by Michael L. Bunder, Senior Vice President, Deputy General Counsel and Corporate Secretary.

Key Details

• Authorized repurchase capacity: up to $1.0 billion aggregate of Class A and Class B common stock.
• Regulatory obligation: under ASX rules, News Corp must provide daily disclosure of any transactions under the Repurchase Program.
• Filing date: Form 8-K filed May 29, 2026; Exhibits 99.1 and 99.2 contain the ASX notices.
• Forward-looking language: the ASX disclosures include forward-looking statements about intent to repurchase; company disclaims any obligation to update those statements except as required by law.

Why It Matters

• Share repurchase programs can reduce outstanding share count and potentially boost earnings per share if repurchases occur; they also signal one way management may seek to return capital to shareholders.
• This filing does not announce specific repurchase amounts or schedules—only that required ASX notices were provided—so investors should look to the ASX notices (Exhibits 99.1/99.2) and future filings for details on actual repurchase activity.
• The daily ASX disclosure requirement increases transparency about any repurchase transactions that occur under the program.