AI English summary of an SEC filing — figures as filed
News Corp said its stock repurchase program (the Repurchase Program) is authorized to buy back up to $1 billion in the aggregate of Class A and Class B common stock.
Key points
AI summaryNews Corp said its stock repurchase program (the Repurchase Program) is authorized to buy back up to $1 billion in the aggregate of Class A and Class B common stock.
In its ASX notice, the company said it bought back 8,813 Class A securities on the previous day, 2024-01-22, for a total of US$212,908.86, with a highest price of US$24.26 and a lowest price of US$24.06.
The company said that before the previous day, it had bought back 17,201,591 Class A securities for a total of US$321,458,240.42, with a highest price of US$24.80 on 2023-12-29 and a lowest price of US$14.88 on 2022-09-29, according to its ASX notice.
News Corp said it had bought back Class A and Class B shares worth approximately US$482,783,583.16 in total consideration to date. BofA Securities, Inc. is the broker, and ASX-listed CDIs will not be repurchased.
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
News Corp said its stock repurchase program (the Repurchase Program) is authorized 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
Daily Buy-Back Volume for 2024-01-22
In its ASX notice, the company said it bought back 8,813 Class A securities on the previous day, 2024-01-22, for a total of US$212,908.86, with a highest price of US$24.26 and a lowest price of US$24.06.
Source · Based on the filing body and exhibits
Cumulative Repurchases Before the Previous Day
The company said that before the previous day, it had bought back 17,201,591 Class A securities for a total of US$321,458,240.42, with a highest price of US$24.80 on 2023-12-29 and a lowest price of US$14.88 on 2022-09-29, according to its ASX notice.
Source · Based on the filing body and exhibits
Cumulative Program Spending and Buy-Back Method
News Corp said it had bought back Class A and Class B shares worth approximately US$482,783,583.16 in total consideration to date. BofA Securities, Inc. is the broker, and ASX-listed CDIs will not be repurchased.
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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