AI English summary of an SEC filing — figures as filed
The company said its Repurchase Program, which covers Class A and Class B common stock combined, has been approved for up to $1 billion.
Key points
AI summaryThe company said its Repurchase Program, which covers Class A and Class B common stock combined, has been approved for up to $1 billion.
News Corp told the ASX in its January 3, 2024 Class A daily buy-back notification (Appendix 3C) that it bought back 8,813 shares for a total of US$214,300.43 on the previous day, January 2, 2024.
The company said its Class A daily buy-back notification shows 17,081,690 shares bought back before the previous day, for a total of US$318,571,691.50.
The company said it has bought back Class A and Class B shares for approximately US$478,685,026.92 in total consideration paid to date, out of the US$1 billion authorization.
Summary
AI-writtenAnalysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.
US$1 billion Stock Repurchase Program Overview
The company said its Repurchase Program, which covers Class A and Class B common stock combined, has been approved for up to $1 billion.
Source · Based on the filing body and exhibits
January 2, 2024 Class A Daily Buy-Back Notification
News Corp told the ASX in its January 3, 2024 Class A daily buy-back notification (Appendix 3C) that it bought back 8,813 shares for a total of US$214,300.43 on the previous day, January 2, 2024.
Source · Based on the filing body and exhibits
Cumulative Shares and Consideration Before Previous Day
The company said its Class A daily buy-back notification shows 17,081,690 shares bought back before the previous day, for a total of US$318,571,691.50.
Source · Based on the filing body and exhibits
Cumulative Program Spending
The company said it has bought back Class A and Class B shares for approximately US$478,685,026.92 in total consideration paid to date, out of the US$1 billion authorization.
Source · Based on the filing body and exhibits
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
The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.
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