8-KFiled Aug 11, 8:00 PM ET

News Corp Announces Stock Repurchase Program ASX Disclosures

$NWSA · NEWS CORP

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News Corp Announces Stock Repurchase Program ASX Disclosures

What Happened

  • News Corporation (NWSA) filed an 8-K on August 12, 2026 reporting information it provided to the Australian Securities Exchange (ASX) about its ongoing stock repurchase program. The company is authorized to buy up to $1.0 billion aggregate of its Class A and Class B common stock. The filing attaches copies of the ASX disclosures as Exhibit 99.1 and Exhibit 99.2 and was signed by Michael L. Bunder, Senior VP and Corporate Secretary.

Key Details

  • Authorized repurchase amount: up to $1 billion aggregate of Class A and Class B common stock.
  • ASX requirement: Company must provide daily disclosure to the ASX of any transactions under the repurchase program.
  • Filing date: August 12, 2026; Exhibits 99.1 and 99.2 are the exact ASX notices referenced.
  • Disclosure includes forward‑looking statements and a standard disclaimer that the company does not undertake an obligation to update them except as required by law.

Why It Matters

  • The repurchase program is a capital-allocation tool that, if used, can reduce shares outstanding and potentially support earnings per share. Daily ASX disclosures improve transparency for investors about any buyback activity.
  • This filing reports the company’s disclosures to the ASX; it does not announce an increase to the $1 billion authorization or provide specific transaction amounts in the 8-K itself. Investors should watch ASX notices or future SEC filings for details on actual repurchases.