News Corp Discloses Daily Share Repurchase Activity via ASX Notification

Executive Summary

On October 5, 2026, News Corporation filed a Current Report on Form 8-K under Item 8.01 (Other Events) to provide daily stock repurchase notifications submitted to the Australian Securities Exchange (ASX), in accordance with ASX listing rules.

Key Transaction & Program Details

• Program Scope: News Corp is authorized under its stock repurchase program (authorized July 15, 2025) to acquire up to an aggregate of US$1.0 billion of outstanding Nasdaq-listed Class A Common Stock and Class B Common Stock.
• Transaction on Preceding Trading Day (October 2, 2026):
  • Class A Repurchase Count: 62,323 shares.
  • Class A Consideration: US$1,787,791.35 (average price ~$28.69 per share; high price of $28.96).
• Cumulative Repurchase Summary (Class A):
  • Prior to Previous Day: 12,733,649 shares for a total consideration of US$334,105,963.97.
  • Total Class A Repurchased: 12,795,972 shares totaling approximately US$335.89 million.
• Executing Broker: Goldman Sachs & Co. LLC.

Trading Significance

• Assessment: Low
• Rationale: This filing is a required daily compliance notification mandated by the ASX for dual-listed companies conducting on-market buybacks. The repurchases were executed within the established parameter of the company's previously authorized US$1.0 billion buyback program and do not reflect any sudden corporate development or insider transaction.