Business Context and Reporting Period
Company: News Corporation (NEWS CORP)
Filing Type: Form 8-K (Current Report)
Date of Report: May 12, 2025
Reporting Period: Event-based disclosure regarding stock repurchase activities.
Key Financial Metrics
This filing does not contain financial performance data such as revenue, profit, cash flow, margins, debt, or liquidity. The document focuses exclusively on corporate actions related to share buybacks.
Material Changes
Stock Repurchase Program: The Company is executing its authorized stock repurchase program, which allows for the acquisition of up to $1 billion in aggregate of its Class A and Class B common stock. This filing serves to disclose specific transactions made pursuant to this program as required by the Australian Securities Exchange (ASX).
Guidance, Outlook, and Risks
Management Commentary: The Company intends to repurchase shares from time to time. The filing includes forward-looking statements regarding these repurchase intentions, which are based on current management expectations.
Risks and Uncertainties: Actual results may vary materially due to changes in market price, general market conditions, applicable securities laws, and alternative investment opportunities. The Company disclaims any obligation to update these forward-looking statements except as required by law.
Investor Verification Checklist
- Review Exhibit 99.1 and Exhibit 99.2 for specific details on the dates and volumes of shares repurchased.
- Verify the remaining authorization balance under the $1 billion repurchase program in the most recent quarterly or annual report.
- Monitor ASX disclosures for daily updates on repurchase transactions.
- Check subsequent filings for any changes to the repurchase program authorization or strategy.