Business Context and Reporting Period
Company: News Corporation (NEWS CORP)
Filing Type: Form 8-K (Current Report)
Date of Report: June 16, 2026
Reporting Period: Specific event date of June 16, 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 metrics such as revenue, profit, cash flow, margins, debt, or liquidity for the period. The only financial figure disclosed relates to the authorization limit of the stock repurchase program.
- Repurchase Authorization: Up to $1 billion in aggregate for Class A and Class B common stock.
Material Changes
The filing does not disclose material changes to financial results compared to prior periods. It confirms the continuation of the existing stock repurchase program and the submission of daily transaction disclosures to the ASX as required.
Guidance, Outlook, and Risks
Management Commentary: The Company intends to repurchase shares from time to time under the authorized program. Specific transaction details are attached as Exhibits 99.1 and 99.2.
Risks and Uncertainties: The filing includes forward-looking statements regarding the intent to repurchase stock. Management notes that 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.
- Monitor ASX disclosures for daily updates on repurchase activity.
- Check subsequent filings for any changes to the repurchase program authorization or strategy.