News Corp completes the sale of Foxtel Group to DAZN

News Corporation has completed the sale of Foxtel Group to DAZN Group Limited, following regulatory approvals from the Foreign Investment Review Board, the Australian Competition and Consumer Commission, and other authorities.

As part of the transaction, News Corp received repayment of A$592 million in shareholder loans and gained a minority equity stake of approximately 6% in DAZN. In connection with the deal, Andrew Cramer, News Corp’s Senior Vice President and Deputy Chief Financial Officer, has joined DAZN’s board.

News Corp reaffirmed its ongoing commitment to supporting Australian sport and entertainment through its platforms. Chief Executive Robert Thomson praised Foxtel’s transformation and expressed confidence in DAZN’s ability to propel Foxtel’s growth.

Chief Financial Officer Lavanya Chandrashekar highlighted the strategic impact of the sale, noting it allows the company to sharpen its focus on core growth areas, reduce capital intensity, improve returns, and strengthen the balance sheet. The sale is expected to be accretive to earnings per share.

News Corp Provides Update on Stock Repurchase Program

News Corp has filed a Form 8-K announcing continued activity under its existing $1 billion stock repurchase program, which allows the company to repurchase Class A and Class B common shares. In line with Australian Securities Exchange (ASX) rules, News Corp disclosed daily transaction updates to the ASX and has attached these disclosures as Exhibits 99.1 and 99.2.

The company noted that its repurchase activity may vary depending on market conditions, stock price, and alternative investments. Forward-looking statements included in the filing reflect management's current views and are subject to change without notice.

News Corp CTO David Kline to Step Down in June

News Corp announced that Chief Technology Officer David Kline will resign from his position, effective June 30, 2025, to pursue an opportunity outside the company. Kline joined News Corp in 2020 and played a key role in leading technological advancements across the organization, including during the pandemic and the rise of generative AI.

CEO Robert Thomson praised Kline’s leadership and impact, noting his legacy will live on through the strong tech team he built. A search for his successor is underway.

News Corporation Provides Update on Stock Repurchase Program

On March 24, 2025, News Corporation filed a report confirming continued activity under its $1 billion stock repurchase program, which covers both Class A and Class B common stock. In accordance with Australian Securities Exchange (ASX) rules, the company submitted daily disclosures of transactions related to the program, attached as Exhibits 99.1 and 99.2.

The company noted that these updates contain forward-looking statements regarding its intention to repurchase shares over time. Such statements are based on current expectations and are subject to risks, including changes in stock price, market conditions, and applicable laws. News Corporation emphasized that it is under no obligation to update these statements unless legally required.

News Corporation has provided an update on its stock repurchase program, which authorizes the company to acquire up to $1 billion in outstanding shares of its Class A and Class B common stock. As part of its compliance with Australian Securities Exchange (ASX) rules, the company is required to disclose daily transactions related to the repurchase program.

The company also includes this information in its quarterly and annual reports. Exhibits 99.1 and 99.2 contain disclosures provided to the ASX on the specified dates. The company notes that these disclosures contain forward-looking statements, which are subject to risks and uncertainties that may cause actual results to differ from expectations. Factors influencing these statements include market price fluctuations, general market conditions, applicable securities laws, and alternative investment opportunities.

News Corporation Announces Updates on $1 Billion Stock Repurchase Program
March 13, 2025 – News Corporation (Nasdaq: NWSA, NWS) has provided an update regarding its ongoing stock repurchase program, reaffirming its authorization to repurchase up to $1 billion in Class A and Class B common stock.

Key Highlights:
The repurchase program remains active and will continue on an opportunistic basis, depending on market conditions, alternative investments, and other corporate considerations.
Under Australian Securities Exchange (ASX) regulations, News Corp is required to disclose daily repurchase transactions to the ASX.
The company also includes quarterly and annual reports detailing repurchase activities.
Forward-Looking Considerations:
News Corp notes that repurchases are subject to factors such as:

Market price fluctuations of its stock
Overall market conditions
Regulatory requirements and corporate priorities
Alternative investment opportunities
While the company remains committed to enhancing shareholder value, it does not guarantee a specific timeline or volume of repurchases.

News Corporation Provides Update on $1 Billion Stock Repurchase Program
New York, NY – March 13, 2025 – News Corporation (Nasdaq: NWSA, NWS) has reaffirmed its commitment to its $1 billion stock repurchase program, which authorizes the buyback of Class A and Class B shares on an ongoing basis.

Key Details
The company reports daily repurchase activity to the Australian Securities Exchange (ASX) as required.
Repurchase details are also disclosed in quarterly and annual reports.
The program is subject to market conditions, stock price fluctuations, and regulatory considerations.
This announcement includes forward-looking statements, which may be impacted by market volatility, investment opportunities, and regulatory changes. News Corp does not guarantee specific repurchase amounts or timing but remains committed to enhancing shareholder value.

News Corporation provided an update on its stock repurchase program, which authorizes the company to buy back up to $1 billion of its outstanding Class A and Class B common stock. Under Australian Securities Exchange (ASX) rules, the company is required to disclose daily transactions related to the repurchase program. The company also reports on the program in its quarterly and annual filings.

Exhibits attached to the report include disclosures provided to the ASX. These disclosures contain forward-looking statements regarding the company's intent to repurchase shares. The company notes that actual results may vary due to factors such as stock price fluctuations, general market conditions, securities laws, and investment opportunities. It does not undertake an obligation to update forward-looking statements unless required by law.

News Corporation has provided an update on its stock repurchase program, which authorizes the company to buy back up to $1 billion in Class A and Class B common stock. The company is required to disclose these transactions daily to the Australian Securities Exchange (ASX) and also includes details in its quarterly and annual reports.

The company has attached exhibits containing this information as filed with the ASX. The disclosures include forward-looking statements about future stock repurchases, which are subject to market conditions, stock price changes, regulatory requirements, and other factors. News Corporation does not undertake any obligation to update these statements unless required by law.

News Corporation has filed a Form 8-K with the U.S. Securities and Exchange Commission (SEC), dated February 26, 2025. The key points from this filing are:

News Corporation is authorized to repurchase up to $1 billion of its Class A and Class B common stock under its stock repurchase program. As required by the Australian Securities Exchange (ASX), the company provides daily disclosures of repurchase transactions, if any. Details of these repurchases are also included in the company’s quarterly and annual reports.

The report includes forward-looking statements regarding future stock repurchases. These statements are based on current management expectations but may vary due to factors like market conditions, stock price fluctuations, legal or regulatory changes, and alternative investment opportunities. The company does not commit to updating these forward-looking statements unless legally required.

Exhibits included in the filing are Exhibit 99.1 and Exhibit 99.2, which contain information provided to the Australian Securities Exchange regarding stock repurchases, and Exhibit 104, a cover page interactive data file in XBRL format.

The filing is signed by Michael L. Bunder, Senior Vice President, Deputy General Counsel, and Corporate Secretary.

This update primarily concerns stock repurchases and regulatory disclosures rather than any operational or strategic shifts within the company.

News Corporation has provided an update on its ongoing stock repurchase program, which authorizes the company to buy back up to $1 billion of its Class A and Class B common stock. In accordance with the rules of the Australian Securities Exchange (ASX), the company is required to disclose daily transactions related to this program.

The company has attached reports submitted to the ASX as exhibits, detailing its repurchase activity. These disclosures contain forward-looking statements, including plans for future stock repurchases. However, News Corporation notes that these plans may change based on factors such as stock price fluctuations, market conditions, and regulatory requirements.

source: News Corporation, SEC Form 8-K, February 24, 2025.

News Corporation filed a Form 8-K with the U.S. Securities and Exchange Commission (SEC) on February 6, 2025, disclosing updates related to its stock repurchase program. The company, authorized to repurchase up to $1 billion of its Class A and Class B common stock, is required to provide daily disclosures to the Australian Securities Exchange (ASX) regarding any repurchase activities. The filing includes forward-looking statements about the company's intent to repurchase shares, subject to factors such as stock price fluctuations, market conditions, and regulatory requirements. News Corporation emphasized that these statements are based on current expectations and are subject to change, disclaiming any obligation to update them unless required by law.

The filing also references exhibits 99.1 and 99.2, which contain detailed information provided to the ASX on specific dates. These exhibits are incorporated into the report and provide further context on the repurchase program. The document was signed by Michael L. Bunder, Senior Vice President, Deputy General Counsel, and Corporate Secretary of News Corporation, affirming its compliance with SEC reporting requirements. The filing underscores the company's commitment to transparency and regulatory adherence in its financial operations.

News Corporation provided an update on its stock repurchase program, which authorizes the company to buy back up to $1 billion of its outstanding Class A and Class B common stock. As required by the Australian Securities Exchange (ASX), the company submits daily disclosures of repurchase transactions and includes these details in its quarterly and annual reports.

The filing includes two exhibits, 99.1 and 99.2, containing information submitted to the ASX on specific dates. These disclosures include forward-looking statements regarding News Corporation's intent to repurchase shares, which are subject to market conditions, regulatory considerations, and other factors.

The company cautioned that actual results may differ due to stock price fluctuations, general market conditions, and alternative investment opportunities. It also stated that it has no obligation to update these forward-looking statements unless required by law.

News Corporation filed a Form 8-K report with the SEC on January 28, 2025, regarding its stock repurchase program. Under this program, the company is authorized to repurchase up to $1 billion of its outstanding Class A and Class B common stock. As required by the Australian Securities Exchange (ASX), the company provides daily disclosures of these transactions and includes updates in its quarterly and annual reports.

The filing includes forward-looking statements about the company’s intent to continue repurchasing shares, but it acknowledges that actual results may vary due to market conditions, stock price fluctuations, and regulatory factors. News Corporation explicitly states that it does not undertake any obligation to update these statements unless required by law.

News Corporation announced updates related to its ongoing stock repurchase program, under which the company is authorized to repurchase up to $1 billion of its outstanding Class A and Class B common stock. As required by the Australian Securities Exchange (ASX), News Corporation provides daily disclosures of transactions made under this program to the ASX. Additionally, the company includes these updates in its quarterly and annual reports.

The disclosures provided to the ASX, attached as exhibits in the report, include forward-looking statements regarding the company's repurchase plans. These statements are based on current expectations and are subject to factors such as stock price changes, market conditions, and applicable securities regulations. The company emphasizes that these statements may vary due to unforeseen circumstances and does not undertake any obligation to update them unless legally required.

The repurchase program reflects News Corporation's strategy to optimize capital allocation and enhance shareholder value. Further details are outlined in the exhibits attached to the filing.

News Corporation announced updates regarding its stock repurchase program, which authorizes the buyback of up to $1 billion in Class A and Class B common stock. Under Australian Securities Exchange (ASX) rules, the company provides daily disclosure of repurchase activities. Further details about these transactions were included in the information submitted to the ASX, which is attached as exhibits in the filing.

The repurchase program reflects the company's intent to manage its capital effectively while adapting to market conditions. News Corporation emphasized that forward-looking statements about the program are based on current expectations and are subject to risks and uncertainties, including stock price fluctuations and regulatory changes.