Business Context and Reporting Period
Company: News Corporation (NEWS CORP)
Filing Type: Form 8-K (Current Report)
Date of Report: April 23, 2026
Reporting Period: Specific event date of April 23, 2026
This filing reports on the Company's ongoing stock repurchase program and provides disclosures required by the Australian Securities Exchange (ASX) regarding recent transactions.
Key Financial Metrics
The filing does not provide specific financial performance data such as revenue, profit, cash flow, margins, or debt levels for the current period. The only quantifiable financial metric disclosed is the authorization limit for the stock repurchase program.
- Repurchase Authorization: Up to $1 billion in aggregate for Class A and Class B common stock.
- Trading Symbols: NWSA (Class A), NWS (Class B) on The Nasdaq Global Select Market.
Material Changes
The filing does not disclose material changes to financial results compared to prior periods. It serves as a routine disclosure of transactions executed under the existing Repurchase Program as required by ASX rules. The specific volume and value of shares repurchased on the dates noted in the attached exhibits are not detailed in the text of this summary.
Guidance, Outlook, and Risks
Management Commentary: The Company intends to repurchase shares from time to time under the authorized program. Actual repurchase activity is subject to market conditions, stock price, and alternative investment opportunities.
Risks and Contingencies:
- Forward-Looking Statements: Statements regarding future repurchases are based on current expectations and are subject to uncertainty.
- Market Factors: Actual results may vary due to changes in market price, general market conditions, and applicable securities laws.
- Disclaimer: The Company disclaims any obligation to update forward-looking statements to reflect subsequent events.
Investor Verification Checklist
- Review Exhibit 99.1 and Exhibit 99.2 for the specific dates, share counts, and prices of the repurchases disclosed to the ASX.
- Verify the remaining balance of the $1 billion repurchase authorization in the Company's most recent quarterly or annual report.
- Monitor subsequent filings for updates on the execution of the Repurchase Program.