8-KFiled Aug 6, 8:00 PM ET

News Corp Discloses Activity Under $1B Share Repurchase Program

$NWSA · NEWS CORP

Research Summary

AI-generated summary of this SEC filing

Updated

News Corp Discloses Activity Under $1B Share Repurchase Program

What Happened News Corporation (News Corp, NWSA) filed an 8‑K on August 7, 2026 to report other events related to its ongoing stock repurchase program. The company is authorized to buy back up to $1 billion in the aggregate of its Class A and Class B common stock and is providing daily disclosure of any repurchase transactions to the Australian Securities Exchange (ASX). The filing includes copies of the information provided to the ASX (Exhibits 99.1 and 99.2).

Key Details

  • Authorized repurchase amount: up to $1 billion aggregate of Class A and Class B common stock.
  • Filing date: August 7, 2026; signed by Michael L. Bunder, Senior VP, Deputy General Counsel and Corporate Secretary.
  • ASX requirement: News Corp must disclose repurchase transactions to the ASX on a daily basis, and the company posts related information in its quarterly and annual reports.
  • Forward‑looking statements: The ASX disclosures include statements about the company’s intent to repurchase shares; these are based on management expectations and subject to market conditions, legal constraints and other risks.

Why It Matters This filing confirms News Corp’s ongoing authority and intent to buy back shares under its $1 billion repurchase program and documents the company’s regular public disclosures to the ASX. For investors, share repurchases can affect share count and EPS over time and may signal management’s view on the stock’s value. The filing also reiterates that buybacks are subject to market conditions and other risks, so actual repurchase activity may vary.