News Corporation 8-K Filing: Key Insights & Stock Overview
Based on the provided XML snippet from a financial report, here are the key pieces of information and insights extracted:
- Entity Identification:
- Company Name: News Corporation
- CIK Number: 0001564708
- SEC File Number: 001-35769
- Employer Identification Number (EIN): 46-2950970
- Address: 1211 Avenue of the Americas, New York, NY 10036
- Contact Number: 212-416-3400
- Report Type:
- The document is an 8-K filing, which typically reports unscheduled material events or corporate changes.
- Class of Securities:
- Class A Common Stock:
- Par Value: $0.01 per share
- Ticker Symbol: NWSA
- Exchange: NASDAQ
- Class B Common Stock:
- Par Value: $0.01 per share
- Ticker Symbol: NWS
- Exchange: NASDAQ
- Reporting Period:
- The filing is for the period ending on December 31, 2024.
- Stock Classifications:
- The report involves two classes of stock:
- Common Class A
- Common Class B
- XML Namespaces:
- The report employs various XML namespaces pertaining to XBRL (eXtensible Business Reporting Language), which is used for financial reporting.
Insights:
- Regulatory Compliance: The submission of an 8-K indicates the company is complying with SEC regulations regarding timely disclosure of significant events.
- Securities Structure: The presence of two classes of common stock (Class A and Class B) suggests a dual-class share structure, which is often used to maintain control within a certain group (usually founders or insiders) while still allowing public investment.
- Future Reporting: The reporting period indicates that this filing is part of the financial documentation for the end of the fiscal year 2024, which could imply upcoming financial performance disclosures and corporate strategy announcements.
This information is essential for investors, analysts, and stakeholders to understand the company's structure, compliance, and reporting practices.