Business Context and Reporting Period
Company: News Corporation (NEWS CORP)
Filing Type: Form 8-K (Current Report)
Date of Report: February 18, 2026
Reporting Period: Specific event date of February 18, 2026.
Business Context: The filing reports on activities related to the Company's authorized stock repurchase program, specifically disclosing transactions required under Australian Securities Exchange (ASX) rules.
Key Financial Metrics
This filing does not contain comprehensive financial statements, revenue, profit, cash flow, or margin data. 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.
- Transaction Details: Specific share counts and prices for the reported period are contained in attached Exhibits 99.1 and 99.2 and are not explicitly detailed in the main text of this filing.
Material Changes
The filing does not report material changes to the Company's financial position, operations, or debt levels compared to prior periods. It serves as a routine disclosure of stock repurchase activity as previously reported.
Guidance, Outlook, and Risks
Management Commentary: The Company reiterates its intent to repurchase shares from time to time under the existing program.
Forward-Looking Statements: The filing includes forward-looking statements regarding future repurchase intent. Management notes these are based on current expectations and are subject to uncertainty.
Risks and Contingencies: Actual results may vary due to:
- Changes in the market price of the Company's stock.
- General market conditions.
- Applicable securities laws.
- Alternative investment opportunities.
Investor Verification Checklist
- Review Exhibit 99.1 and Exhibit 99.2 for specific details on the number of shares repurchased and the average price paid per share during the reporting period.
- Verify the remaining balance of the $1 billion repurchase authorization in the Company's most recent quarterly (10-Q) or annual (10-K) report.
- Confirm compliance with ASX daily disclosure requirements as referenced in the filing.