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.
2025-02-06
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