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.

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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.