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News Corporation 8-K Report: Key Insights on Stock Classes & Recent Developments

$NWS
Form 8-K
Filed on: 2023-05-26
Source
News Corporation 8-K Report: Key Insights on Stock Classes & Recent Developments

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

  1. Entity Identification:
  • Name: News Corporation
  • CIK: 0001564708
  • Address: 1211 Avenue of the Americas, New York, NY 10036
  • Phone: 212-416-3400
  • SEC Filing Type: 8-K (a current report used to disclose important events that shareholders should know about)
  1. Filing Date:
  • Date of Report: May 25, 2023
  1. Class of Stock:
  • Class A Common Stock:
    • Par Value: $0.01 per share
    • Ticker Symbol: NWSA (listed on NASDAQ)
  • Class B Common Stock:
    • Par Value: $0.01 per share
    • Ticker Symbol: NWS (listed on NASDAQ)
  1. Context Information:
  • The report appears to include segments of financial data for both Class A and Class B common stock, indicating possible different rights or privileges associated with each class.
  1. Reporting Period:
  • The report pertains to the specific day of May 25, 2023, indicating that it may be a single-day event or disclosure.

Insights:

  • The filing type (8-K) suggests that the information disclosed is likely related to a significant event for the company, which could be pertinent for investors and stakeholders.
  • The distinction between Class A and Class B common stock may indicate different voting rights or dividend policies, which could be relevant for investors considering the ownership structure of the company.
  • The report provides a snapshot of the company's stock classes and their listings, which is important for market participants assessing investment opportunities in News Corporation.

Overall, stakeholders should review this filing carefully to understand the implications of the reported events and how they may impact the company's stock performance and governance structure.