News Corporation Updates ASX Disclosures for $1B Share Repurchase

What Happened

• News Corporation (NWSA) filed an 8-K on August 25, 2026 reporting information the company provided to the Australian Securities Exchange (ASX) about its ongoing stock repurchase program.
• The company reiterated that it is authorized to repurchase up to $1 billion in aggregate of its Class A and Class B common stock and attached the ASX disclosure documents as Exhibit 99.1 and Exhibit 99.2. The filing was signed by Michael L. Bunder, Senior Vice President, Deputy General Counsel and Corporate Secretary.

Key Details

• Authorized repurchase amount: up to $1.0 billion aggregate of Class A and Class B common stock.
• ASX rule: News Corp must provide daily disclosure to the ASX of any transactions under the repurchase program.
• Exhibits: Information provided to the ASX on the dates noted is attached as Exhibit 99.1 and Exhibit 99.2.
• Forward-looking statements in the disclosures relate to the company’s intent to repurchase shares and include the usual risk disclaimers; the company does not undertake to update those statements except as required by law.

Why It Matters

• Share repurchases can reduce share count and potentially support earnings per share and stock price over time; this filing confirms ongoing disclosure activity under an existing $1 billion buyback authorization.
• Daily ASX disclosures increase transparency about any repurchase activity for investors trading in Australia.
• The filing does not change the authorized repurchase amount or guarantee repurchases will occur; actual repurchases depend on market conditions, securities laws and management’s decisions as described in the filing.