AI English summary of an SEC filing — figures as filed
News Corp NWSNews Corp said it is authorized to repurchase up to $1 billion in the aggregate of Class A common stock and Class B common stock combined.
Key points
AI summaryNews Corp said it is authorized to repurchase up to $1 billion in the aggregate of Class A common stock and Class B common stock combined.
In its Class A daily buy-back notice, the company said it had repurchased 17,143,116 shares for US$320,067,069.62 through the prior date, and on the previous day, January 11, 2024, it repurchased 9,096 shares for US$219,208.14.
The company said it has repurchased approximately US$480,805,585.18 of Class A and Class B shares to date, based on total consideration paid. The lowest price paid on the previous day was US$23.90, and the highest was US$24.25.
The company said it buys back shares from time to time in the open market or otherwise, subject to market conditions and its stock price, among other factors, and that it will not repurchase ASX-listed CDIs. The broker is BofA Securities, Inc., and the company reports daily buy-back transactions under ASX rules.
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.
Repurchase Program Authorization Limit
News Corp said it is authorized to repurchase up to $1 billion in the aggregate of Class A common stock and Class B common stock combined.
Source · Based on the filing body and exhibits
Class A Daily Buy-Back Notice Details
In its Class A daily buy-back notice, the company said it had repurchased 17,143,116 shares for US$320,067,069.62 through the prior date, and on the previous day, January 11, 2024, it repurchased 9,096 shares for US$219,208.14.
Source · Based on the filing body and exhibits
Cumulative Purchases and Previous-Day Price Range
The company said it has repurchased approximately US$480,805,585.18 of Class A and Class B shares to date, based on total consideration paid. The lowest price paid on the previous day was US$23.90, and the highest was US$24.25.
Source · Based on the filing body and exhibits
Repurchase Method, Broker and ASX Reporting
The company said it buys back shares from time to time in the open market or otherwise, subject to market conditions and its stock price, among other factors, and that it will not repurchase ASX-listed CDIs. The broker is BofA Securities, Inc., and the company reports daily buy-back transactions under ASX rules.
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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