$NWSA·8-K

NEWS CORP · Mar 24, 5:46 PM ET

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NEWS CORP 8-K

Research Summary

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News Corporation Files ASX Disclosures for $1B Stock Repurchase Program

What Happened

  • News Corporation (NWSA) filed an 8-K on March 25, 2026, reporting information provided to the Australian Securities Exchange (ASX) about the company's ongoing stock repurchase program. The Repurchase Program authorizes the Company to buy up to $1.0 billion in aggregate of its Class A and Class B common stock. The filing also notes the submission of two ASX disclosure items (Exhibits 99.1 and 99.2) containing the daily transaction information for the dates shown.

Key Details

  • Repurchase Program authorization: up to $1.0 billion aggregate of Class A and Class B common stock.
  • ASX requirement: Company must disclose repurchase transactions to the ASX on a daily basis, and it has provided such disclosures (see Exhibits 99.1 and 99.2).
  • Additional disclosures: Company also reports repurchase information in its quarterly and annual SEC filings.
  • Forward-looking statements: The ASX disclosures include forward-looking statements (e.g., intent to repurchase shares) and the company disclaims any obligation to update them except as required by law.

Why It Matters

  • This filing confirms News Corporation is actively managing a formal buyback program that could reduce outstanding share count over time. Daily ASX reporting and inclusion in periodic SEC filings provide transparency into actual repurchase activity for investors. The forward-looking language and standard disclaimer mean repurchases are subject to market conditions, legal limits and management discretion.

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