8-KAccepted Sep 30, 6:45 PM ET
News Corp Discloses Stock Repurchase Activity Under $1B Program
Accepted (ET)
6:45 PM
Sep 30, 2026
Filed
Oct 1, 2026
Documents
15
Size
396.4 KB
Summary
News Corp Discloses Stock Repurchase Activity Under $1B Program
What Happened
- News Corporation (NWSA) filed an 8-K on October 1, 2026, disclosing information it provided to the Australian Securities Exchange (ASX) about activity under its authorized stock repurchase program.
- The Company reiterated it is authorized to repurchase up to $1 billion in the aggregate of its Class A and Class B common stock and noted it may repurchase shares “from time to time.” The 8-K includes Exhibits 99.1 and 99.2 containing the ASX disclosures and includes standard forward‑looking statements and disclaimers. The filing is signed by Michael L. Bunder, Senior Vice President, Deputy General Counsel and Corporate Secretary.
Key Details
- $1.0 billion authorized aggregate repurchase amount for Class A and Class B common stock.
- ASX rules require the Company to provide daily disclosure of transactions under the repurchase program; the 8-K attaches the specific ASX submissions (Exhibits 99.1 and 99.2).
- Filing date: October 1, 2026. Signed by Michael L. Bunder.
- The company warns forward‑looking statements are subject to change and does not undertake to update them except as required by law.
Why It Matters
- A stock repurchase (buyback) program can reduce outstanding share count and potentially support the stock price or return excess cash to shareholders; this filing confirms the Company’s ongoing authorization and regulatory disclosures but does not itself state a specific dollar amount repurchased.
- Investors should monitor the attached ASX disclosures and future SEC/ASX filings for actual repurchase transactions and timing, and note the company’s forward‑looking disclaimer when assessing potential impact.