News Corporation 8-K Filing Report: Insights on Stock Classes & Corporate Changes

Here are the key insights and information extracted from the provided section of the financial report:
- Entity Information:
- Company Name: News Corporation
- CIK (Central Index Key): 0001564708
- SEC File Number: 001-35769
- EIN (Employer Identification Number): 46-2950970
- Address: 1211 Avenue of the Americas, New York, NY 10036
- Phone Number: 212-416-3400
- Filing Type:
- Form Type: 8-K (Report of unscheduled material events or corporate changes)
- Filing Date:
- Date of Filing: June 21, 2022
- Stock Information:
- 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
- Contextual Period:
- The financial data pertains to the date of June 21, 2022, indicating that the reporting of events or changes occurred on that specific date.
- Stock Class Details:
- The report mentions two classes of common stock (Class A and Class B), categorized under the US GAAP taxonomy, which may have implications on voting rights and dividends.
Insights:
- The filing of an 8-K indicates that the company may have experienced a significant event, which could impact financial performance or operations.
- The presence of two classes of common stock suggests a structure that may be designed to maintain control within a certain group of shareholders, often seen in media companies.
- The timing of the filing on June 21, 2022, may correlate with specific corporate actions, financial disclosures, or other material events that investors should review for more context.
This summary encapsulates the essential information regarding the entity, the nature of the filing, and the specifics of the stock classes involved.