NEWS CORP 8-K

What Happened

• News Corporation (NWSA) filed an 8-K dated June 1, 2026, disclosing information provided to the Australian Securities Exchange (ASX) about its ongoing stock repurchase program.
• The company is authorized to repurchase up to $1 billion of its outstanding Class A and Class B common stock and has provided copies of the ASX disclosures as part of the filing. The ASX requires daily disclosure of any transactions under the program.

Key Details

• Authorized repurchase amount: up to $1.0 billion (aggregate) of Class A and Class B common stock.
• ASX disclosure: the company must report transactions under the repurchase program to the ASX daily; the 8-K includes the information News Corp provided to the ASX (attached as exhibits).
• Filing date and signee: 8-K filed June 1, 2026; signed by Michael L. Bunder, Senior VP, Deputy General Counsel and Corporate Secretary.
• The disclosure contains forward-looking statements about the company's intent to repurchase shares; News Corp says these statements are based on current expectations and are subject to change.

Why It Matters

• A $1 billion repurchase authorization can reduce outstanding shares if executed, which may support per-share metrics and shareholder value over time; the filing confirms the company’s ongoing program and its compliance with ASX reporting rules.
• The 8-K does not announce a new increase to the authorization or a specific repurchase schedule or amount for a given period—rather, it provides transparency by sharing the ASX reports. Investors should look to future ASX or SEC disclosures for details on actual repurchase activity.