$NWSA·8-K

NEWS CORP · Jul 16, 6:54 PM ET

Compare

NEWS CORP 8-K

Research Summary

AI-generated summary

Updated

News Corporation Files 8-K on $1B Stock Repurchase Program ASX Disclosures

What Happened

  • News Corporation (NWSA) filed an 8-K on July 17, 2026 reporting information provided to the Australian Securities Exchange (ASX) about its ongoing stock repurchase program. The Company is authorized to buy up to $1 billion aggregate of its Class A and Class B common stock and must disclose Repurchase Program transactions to the ASX on a daily basis. Exhibits 99.1 and 99.2 include the specific information submitted to the ASX on the dates noted in those exhibits.
  • The filing reiterates that statements about future repurchases are forward-looking and subject to market conditions, securities laws and other factors, and that the Company does not undertake any obligation to update those statements except as required by law.

Key Details

  • Authorized repurchase amount: up to $1.0 billion aggregate of Class A and Class B common stock.
  • Regulatory requirement: daily disclosure of Repurchase Program transactions to the ASX.
  • Filing date and signature: Form 8-K filed July 17, 2026; signed by Michael L. Bunder, Senior VP, Deputy General Counsel and Corporate Secretary.
  • Attached materials: Exhibits 99.1 and 99.2 contain the actual information provided to the ASX.

Why It Matters

  • Share repurchase programs can reduce shares outstanding and support per-share metrics; the filing confirms the Company’s existing authority to repurchase up to $1 billion in stock and its routine disclosure practice on the ASX.
  • This 8-K does not announce specific repurchase transactions or quantities; investors should review the ASX daily disclosures and future quarterly/annual reports for details on actual repurchases and their timing.

Loading document...