News Corp Announces Disclosures for $1B Stock Repurchase Program

What Happened
News Corporation (NWSA) filed an 8-K on September 3, 2026 reporting disclosures provided to the Australian Securities Exchange (ASX) in connection with the Company’s authorized stock repurchase program. The Company is authorized to acquire, from time to time, up to $1 billion aggregate of its outstanding Class A and Class B common stock. The filing attaches as Exhibits 99.1 and 99.2 the specific information supplied to the ASX on the dates noted in those exhibits and reiterates customary forward‑looking statement disclosures.

Key Details

• Authorized repurchase amount: up to $1.0 billion in the aggregate.
• Shares covered: Class A common stock and Class B common stock.
• ASX requirement: Company provides daily disclosure to the ASX of any transactions under the Repurchase Program.
• Filing date and signature: 8-K filed September 3, 2026; signed by Michael L. Bunder, Senior VP, Deputy General Counsel and Corporate Secretary.
• Exhibits: 99.1 and 99.2 contain the specific ASX notices; 104 includes the Inline XBRL cover page data.

Why It Matters
A $1 billion repurchase authorization is a material capital allocation tool: share repurchases can reduce the number of outstanding shares and are commonly viewed as a way to return capital to shareholders and potentially support earnings per share. The daily ASX disclosures and attached exhibits increase transparency about any transactions undertaken under the program. The filing also cautions that repurchases are discretionary and dependent on market conditions, legal requirements and other factors, so actual activity may vary.