SCHEDULE: Perpetual Investment Management Boosts News Corp Stake

Perpetual Investment Management Limited has increased its beneficial ownership of News Corp Depositary Receipts, Class B Shares to 4.4%.

Summary

• Perpetual Investment Management Limited has filed an amendment to its Schedule 13G, reporting an increase in its beneficial ownership of News Corp's Depositary Receipts, Class B Shares.
• The filing indicates that Perpetual Investment Management Limited now beneficially owns 8,020,693 shares, representing 4.4% of the class of securities.
• This filing is an amendment (Amendment No. 1) to a previous filing, with the event date requiring this statement being June 30, 2026.

Sentiment

Score: 6

Explanation: StockSavvy.ai views this as a neutral to slightly positive filing, indicating increased institutional interest without explicit company performance updates.

Positives

• Increased beneficial ownership by a significant investment manager, Perpetual Investment Management Limited, to 4.4% of News Corp's Class B Shares.
• The reporting entity, Perpetual Investment Management Limited, is an Australian-based investment manager, suggesting international investor interest.

Risks

• The filing does not explicitly detail risks associated with this increased ownership, but potential future changes in voting power or strategic influence could be a consideration for other shareholders.

Future Outlook

The filing itself does not contain forward-looking statements or guidance from News Corp. It is a disclosure of ownership by an investment manager.

Industry Context

StockSavvy.ai notes that increased institutional ownership, as reported by Perpetual Investment Management Limited, can signal growing confidence in News Corp's business strategy and future prospects within the media and information services sector.

Comparison to Industry Standards

• The filing does not provide performance data or operational metrics that would allow for direct comparison to industry standards or specific competitors.
• The ownership stake of 4.4% by an investment manager is a common threshold for significant institutional investors in publicly traded companies.

Stakeholder Impact

• Shareholders: May view increased institutional ownership as a positive sign of confidence, potentially influencing share price.
• News Corp Management: May see this as validation of their strategy, but also a potential increase in scrutiny from a larger shareholder.

Next Steps

• Perpetual Investment Management Limited will continue to hold and potentially manage its stake in News Corp.
• Future filings may be required if ownership levels change significantly.

Key Dates

Keywords

News Corp, Schedule 13G, Perpetual Investment Management Limited, Depositary Receipts, Class B Shares, Beneficial Ownership, SEC Filing, Investment Management