News Corp said its stock repurchase program authorizes it to buy back up to $1 billion in the aggregate of Class A and Class B common stock.

8-KOther EventsFiled Jan 17, 2024Period of report Jan 16, 2024Summary published (UTC) Oct 29, 2026

Key points

AI summary

News Corp said its stock repurchase program authorizes it to buy back up to $1 billion in the aggregate of Class A and Class B common stock.
The company said it listed 376,462,460 Class A shares as the total on issue in the class subject to buy-back on Appendix 3C, the Australian Securities Exchange form, and cited ASX rules requiring daily disclosure of buy-back transactions, if any.
The company disclosed that on January 16, 2024, the previous day, it bought back 9,699 shares for a total of US$230,459.88, with a highest price of US$24.22 and a lowest price of US$23.58.
The company said it has bought back Class A and Class B shares worth approximately US$481,439,135.23 in total consideration paid, out of the US$1 billion authorized under the program.

Summary

AI-written

Analysis 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 Buyback Program

News Corp said its stock repurchase program authorizes it to buy back up to $1 billion in the aggregate of Class A and Class B common stock.

Source · Based on the filing body and exhibits

Class A Shares Outstanding and Daily ASX Disclosure

The company said it listed 376,462,460 Class A shares as the total on issue in the class subject to buy-back on Appendix 3C, the Australian Securities Exchange form, and cited ASX rules requiring daily disclosure of buy-back transactions, if any.

Source · Based on the filing body and exhibits

Buyback Activity for the Previous Day, January 16, 2024

The company disclosed that on January 16, 2024, the previous day, it bought back 9,699 shares for a total of US$230,459.88, with a highest price of US$24.22 and a lowest price of US$23.58.

Source · Based on the filing body and exhibits

Cumulative Buyback Amount Since Program Start

The company said it has bought back Class A and Class B shares worth approximately US$481,439,135.23 in total consideration paid, out of the US$1 billion authorized under the program.

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

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