Asia FX muted despite Fed cut bets; Japanese yen slides after PM Ishiba resigns
News Corp (NASDAQ:NWSA, NASDAQ:NWS), the $17.2 billion media conglomerate with a "Good" Financial Health Score according to InvestingPro, announced Thursday it continues to provide daily disclosures to the Australian Securities Exchange (ASX) regarding transactions under its stock repurchase programs. The company is authorized to repurchase up to $1 billion in aggregate of its outstanding Class A and Class B common stock.
According to a press release statement included in a filing with the U.S. Securities and Exchange Commission, News Corp is required by ASX rules to disclose details of any repurchase transactions on a daily basis. The company, which has generated $727 million in free cash flow over the last twelve months and delivered a 6.79% year-to-date return, also provides updates on the repurchase program in its quarterly and annual reports.
The filing notes that additional information provided to the ASX is attached as exhibits, including disclosures dated September 4, 2025. The company reiterated that statements regarding its intent to repurchase shares are forward-looking and subject to various factors, such as changes in market price, general market conditions, and applicable laws.
No new transactions or changes to the repurchase authorization were announced in the filing. The information is based on a press release statement and SEC filing.
In other recent news, News Corp has provided multiple updates regarding its ongoing stock repurchase programs, which authorize the acquisition of up to $1 billion in aggregate of its outstanding Class A and Class B common stock. The company is committed to transparency by providing daily disclosures of these transactions to the Australian Securities Exchange (ASX), in line with ASX requirements. Additionally, News Corp includes information about these repurchase activities in its quarterly and annual reports. The company has attached exhibits to its filings that contain forward-looking statements about its intent to repurchase shares, noting that these are based on current management expectations. News Corp has highlighted that actual results may vary due to market conditions, stock price changes, and applicable securities laws. These updates are part of the company’s ongoing communication efforts with its investors and regulatory bodies.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.