$NWSA·8-K

NEWS CORP · Jun 29, 7:54 PM ET

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NEWS CORP 8-K

Research Summary

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Updated

News Corp Discloses ASX Updates on $1B Stock Repurchase Program

What Happened

  • News Corporation (NWSA) filed an 8‑K dated June 30, 2026 to report information it provided to the Australian Securities Exchange (ASX) in connection with its ongoing stock repurchase program.
  • The company reiterated that it is authorized to buy, from time to time, up to $1 billion in aggregate of its Class A and Class B common stock. The filing includes Exhibit 99.1 and Exhibit 99.2, which are the specific ASX disclosure documents provided on the dates noted in those exhibits. The report was signed by Michael L. Bunder, Senior Vice President, Deputy General Counsel and Corporate Secretary.

Key Details

  • Authorized repurchase amount: up to $1.0 billion in aggregate of Class A and Class B common stock.
  • ASX requirement: Company must provide daily disclosure to the ASX of transactions under the repurchase program, when transactions occur.
  • Exhibits: Exhibit 99.1 and Exhibit 99.2 are the actual ASX disclosures attached to the 8‑K.
  • Forward‑looking statements: The exhibits contain forward‑looking statements about the company’s intent to repurchase shares; the company disclaims any obligation to update those statements except as required by law.

Why It Matters

  • This filing confirms News Corp has an active, authorized buyback program and is providing the routine ASX disclosures required when it repurchases shares.
  • Buybacks can affect shares outstanding and per‑share metrics if executed; the daily ASX disclosures and the attached exhibits give investors transparency about repurchase activity.
  • The 8‑K does not announce a change in authorization or specific repurchase amounts executed on particular dates beyond the attached ASX disclosures — investors should look to the attached exhibits and future filings for transaction-level details.

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