8-KAccepted Sep 23, 8:02 PM ET
News Corporation Files 8-K on $1B Share Repurchase Program Disclosures
Accepted (ET)
8:02 PM
Sep 23, 2026
Filed
Sep 24, 2026
Documents
15
Size
396.4 KB
Summary
News Corporation Files 8-K on $1B Share Repurchase Program Disclosures
What Happened News Corporation (NWSA) filed a Form 8‑K on September 24, 2026, disclosing information provided to the Australian Securities Exchange (ASX) about the Company's ongoing stock repurchase program. The Company reiterated that it is authorized to repurchase up to $1 billion of its Class A and Class B common stock and attached the ASX disclosure materials 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 billion aggregate of Class A and Class B common stock.
- ASX reporting: Company provides disclosure of repurchase transactions to the ASX on a daily basis (when transactions occur).
- Exhibits: Attached copies of the information provided to the ASX (Exhibits 99.1 and 99.2) and embedded Inline XBRL cover page (Exhibit 104).
- Filing date/signature: Form 8‑K filed September 24, 2026; signed by Michael L. Bunder.
Why It Matters A company-authorized repurchase program gives News Corporation the option to buy back shares over time, which can reduce outstanding share count and affect metrics like earnings per share. The 8‑K confirms the program's $1 billion authorization and that shareholders and the market will receive daily ASX disclosures when repurchases occur. The filing also includes standard forward‑looking statement disclaimers noting outcomes may change based on market conditions and other risks; investors should monitor the ASX notices and the Company’s quarterly/annual reports for actual repurchase activity.