Business Context and Reporting Period
Company: News Corporation (NEWS CORP)
Filing Type: Form 8-K (Current Report)
Date of Report: March 12, 2026
Reporting Period: Specific event date (March 12, 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 authorization limit for the stock repurchase program.
- Stock 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 operations are reported in this document. The filing serves to disclose daily transaction data related to the Repurchase Program as required by ASX rules, which are 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 existing program. Actual repurchase activity is subject to market conditions, stock price, and alternative investment opportunities.
Risks and Contingencies: The filing contains forward-looking statements regarding the intent to repurchase stock. These statements are subject to uncertainty, and actual results may vary materially due to:
- Changes in the market price of the Company's stock.
- General market conditions.
- Applicable securities laws.
- Alternative investment opportunities.
The Company disclaims any obligation to update these 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 the dates of transactions.
- Verify the remaining balance of the $1 billion repurchase authorization against recent quarterly reports (10-Q) or annual reports (10-K).
- Monitor the Company's Class A (NWSA) and Class B (NWS) stock prices on the Nasdaq Global Select Market for execution opportunities.