Business Context and Reporting Period
Company: News Corporation (NEWS CORP)
Filing Type: Form 8-K (Current Report)
Date of Report: March 9, 2026
Reporting Period: Specific event date (March 9, 2026)
This filing reports on the Company's ongoing stock repurchase program and provides disclosures required by the Australian Securities Exchange (ASX). It does not represent a quarterly or annual financial report.
Key Financial Metrics
The filing text does not provide specific values for revenue, profit, cash flow, margins, debt, or liquidity for the reporting period. The only financial metric disclosed is the aggregate authorization for the stock repurchase program:
- Repurchase Authorization: Up to $1 billion in aggregate for Class A and Class B common stock.
Material Changes
No material changes to financial performance or operational status are reported in this document. The filing serves to disclose daily transaction information related to the Repurchase Program as required by ASX rules, which is attached as Exhibits 99.1 and 99.2.
Guidance, Outlook, and Risks
Management Commentary: The Company intends to repurchase shares from time to time under the authorized program. Actual repurchases are subject to market conditions, stock price, and alternative investment opportunities.
Risks and Contingencies:
- Forward-looking statements regarding repurchase intent are subject to uncertainty.
- Actual results may vary materially due to changes in market price, general market conditions, and applicable securities laws.
- The Company disclaims any obligation to update forward-looking statements except as required by law.
Investor Verification Checklist
- Review Exhibits 99.1 and 99.2 for specific details on the number of shares repurchased and transaction dates.
- Verify the remaining balance of the $1 billion repurchase authorization in subsequent quarterly reports.
- Monitor ASX disclosures for daily updates on repurchase activity.
- Check for any changes in the Company's capital allocation strategy in future 10-Q or 10-K filings.