8-KFiled Jul 30, 8:00 PM ET
News Corp Discloses Daily ASX Updates for $1B Share Repurchase
$NWSA · NEWS CORPResearch Summary
AI-generated summary of this SEC filing
News Corp Discloses Daily ASX Updates for $1B Share Repurchase
What Happened
- On July 31, 2026, News Corporation (NWSA) filed an 8-K (Item 8.01) to provide information it submitted to the Australian Securities Exchange (ASX) about its ongoing stock repurchase program. The Company reiterated that it is authorized to repurchase, from time to time, up to $1 billion aggregate of its Class A and Class B common stock and attached two ASX notices as Exhibits 99.1 and 99.2.
Key Details
- Filing date: July 31, 2026; signed by Michael L. Bunder, Senior VP, Deputy General Counsel and Corporate Secretary.
- Repurchase authorization: up to $1.0 billion aggregate of Class A and Class B common stock (previously reported).
- Disclosure: Company provides daily ASX transaction disclosures (when repurchases occur) and also includes related information in its quarterly and annual SEC reports.
- Exhibits: ASX notices attached as Exhibit 99.1 and Exhibit 99.2; both contain customary forward-looking statements about repurchase intent and include a non‑update disclaimer.
Why It Matters
- This filing increases transparency about News Corp’s buyback activity by supplying the ASX notices and reminding investors of the $1 billion repurchase authorization. Share repurchase programs can affect shares outstanding and per-share metrics; investors should watch the daily ASX disclosures and upcoming quarterly/annual reports for actual repurchase activity and timing.