NEWS CORP 8-K

What Happened
News Corporation (NWSA) filed an 8-K on April 2, 2026, reporting information provided to the Australian Securities Exchange (ASX) about its ongoing stock repurchase program. The company reiterated it is authorized to buy up to $1 billion aggregate of its Class A and Class B common stock and may repurchase shares "from time to time." Attached as Exhibit 99.1 and Exhibit 99.2 are the copies of the information submitted to the ASX on the dates noted in those exhibits.

Key Details

• Authorized repurchase amount: up to $1.0 billion in the aggregate of Class A and Class B common stock.
• ASX requirement: the company provides daily disclosure to the ASX of any transactions under the repurchase program.
• Filing date: Form 8-K filed April 2, 2026; Exhibits 99.1 and 99.2 contain the ASX-submitted information.
• Forward-looking statements: the disclosures include forward-looking language about potential future repurchases and disclaim any obligation to update those statements except as required by law.

Why It Matters
Share repurchases can reduce outstanding share count and may support per-share metrics and market price; the $1 billion authorization is a material capital allocation decision for investors to note. Daily ASX reporting increases transparency about actual repurchase activity, while the forward-looking statement language reminds investors that future repurchases are subject to market conditions, legal limits and management discretion.