Business Context and Reporting Period
Company: News Corporation (NEWS CORP)
Filing Type: Form 8-K (Current Report)
Date of Report: June 4, 2025
Reporting Period: Specific event date of June 4, 2025, with signature dated June 5, 2025.
This filing reports on the Company's ongoing stock repurchase program and provides disclosures required by the Australian Securities Exchange (ASX).
Key Financial Metrics
The filing does not provide specific revenue, profit, cash flow, margin, or debt figures for the current period. The only 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) and NWS (Class B) on The Nasdaq Global Select Market.
Material Changes
This report does not detail material changes in financial performance compared to prior periods. It serves as a routine disclosure of transactions under the existing Repurchase Program as required by ASX rules. The specific transaction details are contained in attached Exhibits 99.1 and 99.2, which are not included in the provided text.
Guidance, Outlook, and Risks
Management Commentary: The Company intends to repurchase shares from time to time under the authorized program. Management notes that these statements are forward-looking and based on current expectations.
Risks and Uncertainties: 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.
Disclaimer: The Company disclaims any obligation to update forward-looking statements to reflect subsequent events, except as required by law.
Investor Verification Checklist
- Verify the specific number of shares repurchased and the average price paid by reviewing Exhibits 99.1 and 99.2 (ASX disclosures).
- Confirm the remaining balance of the $1 billion repurchase authorization after recent transactions.
- Review the Company's most recent quarterly or annual report for comprehensive financial performance data not included in this 8-K.