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

8-KOther EventsFiled Jan 22, 2024Period of report Jan 19, 2024Summary published (UTC) Oct 29, 2026

Key points

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News Corp said its repurchase program authorizes the company to buy back up to $1 billion in total of its Class A and Class B common stock.
In its daily buy-back notice to the ASX for Class A common stock, News Corp said it bought back 9,699 shares for a total of US$230,676.17 on January 19, 2024, the most recent buy-back day.
News Corp said it bought back 17,191,892 shares for a total of US$321,227,564.25 before the most recent buy-back day. It also said it has bought back about US$482,481,245.89 of Class A and Class B shares to date.
News Corp said the program is carried out from time to time in the open market or otherwise, with BofA Securities, Inc. as the broker, and gave the reason for the buy-back as "To enhance shareholder value." The company said the Class A shares outstanding total 376,424,268.

Summary

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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.

News Corp US$1 billion Buyback Program Authorization Limit

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

Source · Based on the filing body and exhibits

Class A Common Stock Daily Buy-Back Notice (January 19, 2024)

In its daily buy-back notice to the ASX for Class A common stock, News Corp said it bought back 9,699 shares for a total of US$230,676.17 on January 19, 2024, the most recent buy-back day.

Source · Based on the filing body and exhibits

Cumulative Repurchases Since Program Start

News Corp said it bought back 17,191,892 shares for a total of US$321,227,564.25 before the most recent buy-back day. It also said it has bought back about US$482,481,245.89 of Class A and Class B shares to date.

Source · Based on the filing body and exhibits

Buy-Back Method, Broker, Reason and Shares Outstanding

News Corp said the program is carried out from time to time in the open market or otherwise, with BofA Securities, Inc. as the broker, and gave the reason for the buy-back as "To enhance shareholder value." The company said the Class A shares outstanding total 376,424,268.

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.

View the original filing on SEC EDGAR ↗

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