$NWSA·8-K

NEWS CORP · Jun 1, 7:59 PM ET

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NEWS CORP 8-K

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News Corp Files 8-K: Daily ASX Disclosures on $1B Share Buyback

What Happened News Corporation (NWSA) filed an 8-K on June 2, 2026 (Item 8.01) disclosing that it continues to operate a stock repurchase program authorizing up to $1.0 billion in purchases of its Class A and Class B common stock. The company provided copies of the information furnished to the Australian Securities Exchange (ASX) as Exhibits 99.1 and 99.2 and noted the ASX requirement to disclose repurchase transactions on a daily basis. The filing includes a standard forward‑looking statement disclaimer.

Key Details

  • Authorized repurchase amount: up to $1.0 billion (aggregate) for Class A and Class B common stock.
  • Regulatory reporting: Company must provide daily disclosure to the ASX of any transactions under the repurchase program.
  • Filing date/signature: 8-K filed June 2, 2026; signed by Michael L. Bunder, Senior VP, Deputy General Counsel and Corporate Secretary.
  • Exhibits: Copies of the ASX disclosures are attached as Exhibits 99.1 and 99.2; Inline XBRL cover page included as Exhibit 104.

Why It Matters A company-authorized buyback program is a key capital-allocation tool: repurchases can reduce shares outstanding and support per‑share metrics (like EPS) when executed. Daily ASX disclosures increase transparency about actual repurchase activity. The filing does not report specific repurchase amounts or timing — only the authorization and disclosure materials — and notes that repurchases are subject to market conditions, applicable law, and management decisions.

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