News Corp Keeps Buying Back Stock Like It’s Going Out of Style (Again): A Deep Dive into the June 3rd 8-K

Welcome back to your regularly scheduled News Corp buyback bonanza update! Consider this your definitive guide to the latest chapter in the ongoing saga of NWSA’s stock repurchase program. As always, we’re here to decode the SEC filings so you don’t have to.

News Corp’s commitment to its $1 billion buyback program is clearer than ever. They’re buying back shares faster than a teenager burns through allowance money at a video game convention.

The June 3rd, 2025 8-K filing (link here) once again confirms that News Corp is doubling down on its $1 billion share repurchase program. Not exactly a surprise, given the flurry of similar filings we’ve seen recently (see our extensive previous coverage if you need a refresher). This latest filing, as the main 8-K stated, reiterates the company’s authorization “to acquire from time to time up to $1 billion in the aggregate of the Company’s outstanding shares.” They also remind us, again, about their daily reporting requirements to the ASX – because apparently, transparency is key when you’re spending this much cash on your own stock.

But wait, there’s more! The attached EX-99.1 (here) and EX-99.2 (and here) filings spill the beans on the latest transactions. [[GREEN_FLAG]] News Corp snapped up another 13,126 Class A shares for $366,807.38 and 6,574 Class B shares for $212,718.86. This brings the total spent so far to a cool $680.5 million – meaning they still have roughly $320 million left to burn. This confirms the trend we’ve seen in previous filings, with the buyback program steadily chipping away at that $1 billion target.

With $680.5 million already spent, News Corp is over two-thirds of the way through their buyback program. Are they signaling confidence in their future, or just burning cash they don’t know what to do with? The suspense is killing me!

The Analyst’s Crystal Ball: NEWS CORPORATION (NWSA) – What Now? (Updated June 04, 2025) 🔮

Overall Outlook & Forecast

The continued buybacks could signal that News Corp sees its own stock as undervalued. However, the market hasn’t reacted dramatically to these repurchases so far. The big question remains: will this strategy ultimately boost shareholder value, or is it just a temporary sugar rush?

What Would Make Us Yell “To The Moon!” (Go Long) 🚀

• A significant positive catalyst, like a major acquisition or a surge in advertising revenue, could ignite investor enthusiasm and drive the stock price higher.
• If the buybacks continue at this pace and the number of outstanding shares decreases significantly, we could see a noticeable bump in earnings per share, making the stock more attractive to investors.

When We’d Hit The Eject Button (Go Short) 📉

• A downturn in the media market or disappointing financial results could put pressure on the stock price, making the buybacks look less effective.
• If News Corp decides to slow down or halt the buyback program, it could be interpreted as a lack of confidence in their own future, potentially leading to a sell-off.

The Mic Drop: So, What’s the Deal with NEWS CORPORATION’s Latest Paper Trail?

In short, News Corp is sticking to its guns (or should I say, its buybacks). While this latest filing doesn’t drastically change the narrative, it reinforces the company’s commitment to returning capital to shareholders. But as always, do your own research (DYOR) before making any investment decisions. This is just one piece of the puzzle.

Key Questions Answered by This 8-K From NEWS CORPORATION (NWSA)

• Is News Corp still actively repurchasing its own shares?

  Yes, the June 3rd 8-K filing confirms the continued execution of the $1 billion share repurchase program.

• How much has News Corp spent on share buybacks so far?

  As of June 3rd, 2025, News Corp has spent approximately $680.5 million on buybacks, according to the latest EX-99.1 and EX-99.2 filings.

• How many shares did News Corp repurchase on June 3rd, 2025?

  They repurchased 13,126 Class A shares and 6,574 Class B shares on June 3rd.

• Where can I find the details of the latest share repurchases?

  The details are available in the EX-99.1 and EX-99.2 exhibits filed with the 8-K on June 3rd, 2025.

• Why does News Corp file so many updates about its buyback program?

  The company is required to provide daily updates on these transactions to the ASX, which explains the frequent filings.

• How much is left in the buyback program?

  With $680.5 million spent, roughly $319.5 million remains in the $1 billion authorization.

P.S. The SEC saga never ends! As NEWS CORPORATION files more, this analysis will evolve. Current as of June 04, 2025.