8-KAccepted Sep 21, 8:23 PM ET
News Corp Reports ASX Disclosures on $1B Share Repurchase Program
Accepted (ET)
8:23 PM
Sep 21, 2026
Filed
Sep 22, 2026
Documents
15
Size
396.4 KB
Summary
News Corp Reports ASX Disclosures on $1B Share Repurchase Program
What Happened
News Corporation filed an 8-K on September 22, 2026, announcing it provided disclosures to the Australian Securities Exchange (ASX) about its ongoing stock repurchase program. The company reiterated that it is authorized to repurchase up to $1.0 billion aggregate of its Class A and Class B common stock and attached the ASX notices as Exhibit 99.1 and Exhibit 99.2.
Key Details
- Repurchase Program authorization: up to $1 billion in aggregate of Class A and Class B common stock.
- ASX requirement: the company must disclose repurchase transactions to the ASX on a daily basis, if any.
- Exhibits: information provided to the ASX is attached as Exhibit 99.1 and Exhibit 99.2 to the 8-K.
- Filing date and signature: Form 8-K filed September 22, 2026; signed by Michael L. Bunder, Senior VP, Deputy General Counsel and Corporate Secretary.
Why It Matters
This filing confirms News Corp's ongoing authority and intent to buy back up to $1 billion of its shares and documents compliance with ASX disclosure rules. For investors, share repurchases can affect share count and potentially support the stock price, while the daily ASX notices increase transparency about actual repurchase activity. The company also included the standard forward‑looking statements disclaimer noting that repurchases depend on market conditions and other factors.