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News Corporation 8-K Report: Key Insights on Class A & B Stock for December 2024

$NWS
Form 8-K
Filed on: 2024-12-06
Source
News Corporation 8-K Report: Key Insights on Class A & B Stock for December 2024

From the provided section of the financial report, the following key information can be extracted:

  1. Entity Information:
  • Company Name: News Corporation
  • CIK (Central Index Key): 0001564708
  • SEC Filing Type: 8-K
  • Filing Date: December 5, 2024
  • Address: 1211 Avenue of the Americas, New York, NY 10036
  • Phone Number: 212-416-3400
  1. Stock Information:
  • Class A Common Stock:
    • Par Value: $0.01 per share
    • Ticker Symbol: NWSA (traded on NASDAQ)
  • Class B Common Stock:
    • Par Value: $0.01 per share
    • Ticker Symbol: NWS (traded on NASDAQ)
  1. Reporting Period:
  • The reporting period for the information is December 5, 2024.
  1. Ownership Structure:
  • The report references two classes of common stock: Common Class A and Common Class B, indicating the potential for different voting rights or dividends associated with each class.
  1. Contextual Identifiers:
  • Different contexts are provided for the reporting of Class A and Class B common stock, indicating that the financial report may include specific data relevant to each class.

Insights:

  • The filing appears to be a standard report (Form 8-K) that may be disclosing significant events or updates related to the company.
  • The presence of both Class A and Class B common stock suggests a dual-class share structure, which is often used to maintain control of the company in the hands of a certain group (such as founders or insiders).
  • Investors should pay attention to the implications of this structure, as it can affect voting power and the distribution of dividends.

Overall, this information is crucial for stakeholders to understand the company's structure, the specifics of its stock offerings, and any significant events that might impact the company’s operations or financial performance.