Business Context and Reporting Period
Company: News Corporation
Filing Type: Form 8-K (Current Report)
Date of Report: June 26, 2015
Subject: Disclosure of stock repurchase transactions under the Company's Repurchase Program as required by the Australian Securities Exchange (ASX).
Key Financial Metrics
This filing does not report revenue, profit, cash flow, margins, debt, or liquidity metrics. It is a regulatory disclosure regarding share buyback activity.
- Repurchase Program Authorization: Up to $500 million of Class A common stock.
- Transaction Details: Specific volume and price data for the reporting period are contained in Exhibit 99.1 (Information provided to the ASX) and are not explicitly detailed in the body of this Form 8-K text.
Material Changes
The filing reports ongoing activity under the existing stock repurchase program. No material changes to the program's authorization or structure are indicated in this text.
Guidance, Outlook, and Risks
Management Commentary: The Company discloses repurchase transactions daily to the ASX and in quarterly/annual reports.
Risks/Contingencies: None disclosed in this specific filing.
Unusual Items: None.
Investor Verification Checklist
- Review Exhibit 99.1 for the specific number of shares repurchased and the average price paid on the date noted.
- Verify the remaining authorization balance under the $500 million Repurchase Program in the most recent quarterly or annual report.
- Confirm the impact of these repurchases on the total outstanding share count of Class A common stock.