News Corp Updates ASX Disclosures for $1B Share Repurchase Program

What Happened
News Corporation (NWSA) filed an 8-K on August 20, 2026, reporting ongoing disclosures to the Australian Securities Exchange (ASX) about the Company’s authorized share repurchase program. The Company is authorized to buy up to $1 billion aggregate of its Class A and Class B common stock and provides daily ASX disclosure of any repurchase transactions. The filing includes copies of the information provided to the ASX on the dates noted (Exhibits 99.1 and 99.2) and reiterates the Company’s forward-looking statements and related disclaimers.

Key Details

• Authorized repurchase amount: up to $1.0 billion aggregate of Class A and Class B common stock.
• ASX requirement: the Company provides daily disclosure to the ASX of any transactions under the repurchase program.
• Filing date/signature: Form 8-K filed Aug 20, 2026; signed by Michael L. Bunder (SVP, Deputy General Counsel & Corporate Secretary).
• Exhibits: information provided to the ASX is attached as Exhibit 99.1 and Exhibit 99.2; filing contains forward-looking statement disclaimers.

Why It Matters
A $1 billion buyback authorization is a material capital allocation program that can affect share supply and earnings-per-share dynamics if repurchases occur. The daily ASX disclosures increase transparency about actual repurchase activity for investors and regulators. The filing does not commit to specific repurchase amounts or timing — repurchases remain subject to market prices, applicable laws, and management’s discretion, and the Company disclaims any obligation to update forward-looking statements except as required by law.