$NWSA·8-K

NEWS CORP · Jun 11, 6:42 AM ET

Compare

NEWS CORP 8-K

Research Summary

AI-generated summary

Updated

News Corp Reports ASX Disclosures for $1B Share Repurchase Program

What Happened

  • News Corporation (NWSA) filed an 8‑K on June 11, 2026 to provide copies of the information it supplied to the Australian Securities Exchange (ASX) concerning its ongoing stock repurchase program. The company is authorized to buy up to $1.0 billion aggregate of its Class A and Class B common stock and provides ASX disclosure of any repurchase transactions on a daily basis. Exhibits 99.1 and 99.2 attached to the filing are the ASX notices for the dates shown.

Key Details

  • Authorized repurchase amount: up to $1 billion aggregate of Class A and Class B common stock.
  • Regulatory requirement: ASX requires the Company to disclose repurchase transactions daily; those daily notices are attached as Exhibits 99.1 and 99.2.
  • Filing date and signature: Form 8‑K filed June 11, 2026; signed by Michael L. Bunder, Senior Vice President, Deputy General Counsel and Corporate Secretary.
  • Forward-looking statements: The ASX disclosures include forward-looking statements about intent to repurchase; the company disclaims any obligation to update those statements except as required by law.

Why It Matters

  • For investors, the filing increases transparency about News Corp’s buyback activity (daily ASX reports) and confirms the company has authority to repurchase up to $1 billion of stock. Share repurchases can reduce share count and potentially support per‑share metrics, but the filing does not commit to a specific purchase amount or schedule — actual repurchases depend on market conditions and other factors disclosed in company filings.

Loading document...