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News Corporation 8-K Report: Key Insights on Stock Structure and Governance

$NWS
Form 8-K
Filed on: 2024-03-12
Source
News Corporation 8-K Report: Key Insights on Stock Structure and Governance

Based on the provided section of the financial report, here are the extracted key pieces of information and insights:

  1. Company Identification:
  • Name: News Corporation
  • CIK Number: 0001564708
  • SEC Filing Type: Form 8-K
  • Filing Date: March 11, 2024
  1. Address:
  • Location: 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
    • Exchange: NASDAQ
  • Class B Common Stock:
    • Par Value: $0.01 per share
    • Ticker Symbol: NWS
    • Exchange: NASDAQ
  1. Reporting Period:
  • The report covers a specific date: March 11, 2024.
  1. Stock Classification:
  • The report references two classes of stock: Common Class A and Common Class B, indicating a dual-class structure which is typical for companies that want to maintain control among specific shareholders.

Insights:

  • The filing appears to be an 8-K, which usually indicates the announcement of significant events or changes that shareholders should be aware of. The specific nature of the announcement isn't detailed in the provided text.
  • The dual-class stock structure suggests that the company may prioritize control of the company among certain stakeholders, which can impact shareholder voting rights and decisions.
  • The report is part of a structured XBRL filing, indicating that the company is adhering to regulatory requirements for transparency and standardized reporting.

This information is crucial for investors and analysts in evaluating the company's governance structure, shareholder rights, and possible corporate actions or changes that could affect stock performance.