NEWS CORP 8-K

What Happened

• News Corporation (NWSA) filed an 8-K on March 23, 2026 announcing disclosures related to its ongoing stock repurchase program. The company is authorized to buy up to $1.0 billion in aggregate of its Class A and Class B common stock.
• The filing attaches copies of information provided to the Australian Securities Exchange (ASX) as Exhibits 99.1 and 99.2, reflecting the disclosures made to the ASX on the dates shown in those exhibits. The materials include forward-looking statements about the company’s intent to repurchase shares.

Key Details

• Authorized repurchase amount: up to $1.0 billion aggregate of Class A and Class B common stock.
• Reporting requirement: News Corp provides daily disclosure of repurchase transactions to the ASX (when transactions occur).
• Exhibits: 99.1 and 99.2 contain the actual information submitted to the ASX; the 8-K was signed by Michael L. Bunder, Senior VP, Deputy General Counsel and Corporate Secretary, dated March 23, 2026.
• The filing reiterates that repurchase plans are subject to market conditions, stock price, legal rules and other factors and includes a standard forward-looking statements disclaimer.

Why It Matters

• A $1.0 billion repurchase program can reduce outstanding shares if executed, potentially supporting earnings per share and stock price over time; investors should note the program size and that repurchases are discretionary.
• Daily ASX reporting increases transparency about when and how the company buys shares, allowing investors to track repurchase activity more closely.
• The filing does not announce specific repurchase amounts executed on any date within the 8-K itself—details of actual purchases (if any) are disclosed in the attached ASX submissions referenced in Exhibits 99.1 and 99.2.