Business Context and Reporting Period
Company: News Corporation (NEWS CORP)
Filing Type: Form 8-K (Current Report)
Date of Report: April 28, 2026
Reporting Period: Specific event date of April 28, 2026
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 financial performance data such as revenue, profit, cash flow, margins, or debt levels for the reporting period. The only financial metric disclosed is the authorization limit for the stock repurchase program.
- Repurchase Authorization: Up to $1 billion in aggregate of Class A and Class B common stock.
Material Changes
No material changes to financial results or operations are reported in this filing. The document serves to disclose daily transaction information related to the Repurchase Program as required by ASX rules, which is 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 includes standard forward-looking statement disclaimers. 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 explicitly disclaims any obligation to update 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 in subsequent quarterly reports.
- Monitor general market conditions and stock price volatility as factors influencing future repurchase activity.