News Corp Reports Routine Daily Share Repurchase Activity via ASX Disclosure
NEWS CORP
Subscribe to track NWSA
Premium users can add ticker alerts and receive realtime notification updates.
Filing Summary
News Corp (NASDAQ: NWSA) - Form 8-K Daily Repurchase Update • Event: Disclosure of routine daily share repurchases pursuant to ASX listing rules • Date of Activity: October 16, 2026 • Repurchase Volume: 58,482 Class A shares • Total Consideration: ~$1.76M (USD) • Significance: Low (Routine execution under authorized $1B repurchase program)
Comprehensive Analysis
Overview & Event Summary
On October 19, 2026, News Corporation filed a Form 8-K under Item 8.01 (Other Events) disclosing daily share repurchase activity as mandated by the rules of the Australian Securities Exchange (ASX).
Key Repurchase Figures
- Program: Authorized aggregate repurchase of up to $1.0 billion in Class A and Class B common stock.
- Transaction Date Reported: October 16, 2026.
- Class A Shares Repurchased (Previous Day): 58,482 shares.
- Total Consideration Paid: $1,763,776.18 USD.
- Cumulative Repurchases (Prior to Reported Day): 13,333,833 Class A shares ($351,557,243.55 USD).
- Executing Broker: Goldman Sachs & Co. LLC.
Market Impact & Significance
The filing represents a regular administrative compliance update required because of the company's dual presence/CDIs on the ASX. Because this transaction reflects scheduled open-market execution under an existing corporate buyback program, trading significance is assessed as Low.
Get Real-Time Alerts
Join our community to receive instant notifications when high-significance filings are published
Important Disclaimer
This content is drawn from public SEC filings and may contain errors. It is for informational purposes only and is not investment, legal, or tax advice.
Nothing here is a recommendation to buy, sell, or hold any security. Do your own due diligence.