News Corp said its Repurchase Program, covering Class A and Class B common stock combined, authorizes buybacks of up to US$1 billion in aggregate. The company said it intends to repurchase shares from time to time, depending on market conditions and its stock price.

1. 01

   News Corp said its Repurchase Program, covering Class A and Class B common stock combined, authorizes buybacks of up to US$1 billion in aggregate. The company said it intends to repurchase shares from time to time, depending on market conditions and its stock price.

2. 02

   The company disclosed that it had bought back 17,073,579 Class A shares through December 29, and 8,111 shares on December 29. The daily buy-back notice is dated January 2, 2024.

3. 03

   The company said total consideration for shares bought back through December 29 was US$318,372,140.63, and for shares bought back on December 29 was US$199,550.88. The highest price paid was US$24.76 on December 28, 2023, and on December 29 it was US$24.80. The lowest price paid was US$14.88 on September 29, 2022, and on December 29 it was US$24.49.

4. 04

   The company said it has bought Class A and Class B shares worth approximately US$478,372,028.43 in total consideration to date, out of the US$1 billion approved limit. It also said it does not repurchase any ASX-listed CDIs under this program.

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AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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