8-KFiled Aug 23, 8:00 PM ET

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

$NWSA · NEWS CORP

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

What Happened
News Corporation (News Corp) filed an 8‑K on August 24, 2026 announcing disclosures provided to the Australian Securities Exchange (ASX) related to its existing stock repurchase program. The Company is authorized to buy up to $1 billion in aggregate of its Class A and Class B common stock and is disclosing transactions under that program to the ASX on a daily basis. Copies of the information sent to the ASX are attached as Exhibits 99.1 and 99.2 to the filing.

Key Details

  • Authorized repurchase amount: up to $1.0 billion in the aggregate of Class A and Class B common stock.
  • ASX requirement: Company provides daily disclosure of any transactions under the repurchase program.
  • Exhibits: Copies of the ASX disclosures are attached as Exhibit 99.1 and Exhibit 99.2.
  • Forward‑looking statements: The filing notes intent to repurchase "from time to time," includes the standard forward‑looking disclaimer, and states the Company does not undertake to update those statements except as required by law.

Why It Matters
This filing confirms News Corp’s ongoing $1 billion share buyback authorization and the Company’s compliance with ASX daily reporting requirements, providing transparency on any repurchase activity. For investors, authorized buybacks can affect share count and per‑share metrics if executed; however, the filing only describes the program and disclosures, not a specific commitment to repurchase a particular amount or timing. The forward‑looking statement disclaimers indicate actual repurchases remain subject to market conditions and other factors.