News Corp Discloses Activity Under $1B Share Repurchase Program

What Happened
News Corporation (NWSA) filed a Form 8-K on August 13, 2026 to report information it provided to the Australian Securities Exchange (ASX) regarding its ongoing stock repurchase program. The Company is authorized to buy up to $1.0 billion in the aggregate of its Class A and Class B common stock and, under ASX rules, must disclose daily any transactions made under the program. Copies of the ASX disclosures are attached as Exhibits 99.1 and 99.2 to the 8-K.

Key Details

• Authorized repurchase amount: up to $1.0 billion aggregate of Class A and Class B common stock.
• Exchange requirement: Company provides daily disclosure to the ASX of any repurchase transactions.
• Filing date: Form 8-K filed August 13, 2026; ASX disclosure copies included as Exhibits 99.1 and 99.2.
• The disclosures contain forward‑looking statements; News Corp says results may differ and it is not updating those statements except as required by law.

Why It Matters
Share repurchases can reduce shares outstanding and support per‑share metrics (like EPS) when executed. This 8-K does not announce a change to the authorized program size or guarantee purchases — it supplies the routine ASX disclosures and reiterates that future repurchases depend on market conditions, legal requirements and management decisions. Investors tracking buyback activity should monitor the ASX daily disclosures and future SEC/quarterly filings for actual repurchase amounts and timing.