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News Corporation 8-K Report: Key Insights on Stock Structure & Corporate Changes

$NWS
Form 8-K
Filed on: 2025-01-14
Source
News Corporation 8-K Report: Key Insights on Stock Structure & Corporate Changes

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

  1. Entity Identification:
  • Company Name: News Corporation
  • CIK: 0001564708
  • SEC File Number: 001-35769
  • Tax ID: 46-2950970
  1. Report Type and Date:
  • Report Type: 8-K (a report of unscheduled material events or corporate changes)
  • Filing Date: January 13, 2025
  1. Address:
  • Location: 1211 Avenue of the Americas, New York, NY 10036
  • Phone: 212-416-3400
  1. Securities Information:
  • Class A Common Stock:
    • Par Value: $0.01 per share
    • Ticker Symbol: NWSA (NASDAQ)
  • Class B Common Stock:
    • Par Value: $0.01 per share
    • Ticker Symbol: NWS (NASDAQ)
  1. Periods Defined:
  • Both classes of stock are reported for the same specific date: January 13, 2025.
  1. Stock Class Segmentation:
  • The report includes explicit members for two classes of stock: Common Class A and Common Class B.

Insights:

  • The filing is a significant event for News Corporation, indicating possible changes or important information relevant to investors.
  • The par value of both classes of stock is notably low at $0.01, which is common for many corporations, suggesting a focus on market price rather than nominal value.
  • The dual-class structure (Class A and Class B) typically indicates a strategy to retain control within founding or specific stakeholders while allowing public investment.
  • The report's timing (early 2025) may reflect strategic planning or changes that could affect investor sentiment or corporate governance.

In summary, this filing provides critical data on News Corporation's stock structure and identifies the company as a public entity subject to SEC regulations, with important implications for stakeholders and investors.