News Corp Announces Ongoing $1B Share Repurchase, Provides ASX Disclosures

What Happened
News Corporation (NWSA) filed a Form 8-K on August 10, 2026 to report information it provided to the Australian Securities Exchange (ASX) about transactions under its stock repurchase program. The company is authorized to repurchase up to $1 billion of its Class A and Class B common stock and, under ASX rules, must provide daily disclosure of any transactions made under the program. The filing includes two exhibits (copies of the ASX disclosures) and a standard forward-looking statements disclaimer. 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 billion aggregate of Class A and Class B common stock.
• Filing date: August 10, 2026 (Form 8-K).
• ASX requirement: daily disclosure of transactions under the Repurchase Program; the 8-K attaches the information provided to the ASX (Exhibits 99.1 and 99.2).
• The filing contains forward-looking statements about future repurchases and states the company has no obligation to update those statements except as required by law.

Why It Matters
A formal 8-K and daily ASX disclosures increase transparency about News Corp’s buyback activity. Share repurchases can reduce outstanding share count and potentially support earnings per share or share price, but actual repurchases depend on market conditions and legal limits. Investors should note the $1 billion authorization and monitor the ASX disclosures for the timing and size of actual purchases. The filing’s forward-looking disclaimer reminds investors that repurchase plans are subject to change.