News Corp said its repurchase program (the "Repurchase Program") authorizes it to buy back up to US$1 billion in the aggregate of Class A common stock and Class B common stock. The company said it intends to repurchase shares from time to time in the open market or otherwise, subject to market conditions and the stock price.

1. 01

   News Corp said its repurchase program (the "Repurchase Program") authorizes it to buy back up to US$1 billion in the aggregate of Class A common stock and Class B common stock. The company said it intends to repurchase shares from time to time in the open market or otherwise, subject to market conditions and the stock price.

2. 02

   In its daily buy-back notice to the ASX, the company said it bought back 8,813 Class A shares on January 23, 2024 (the previous day) for a total of US$213,855.38. The highest price paid on that day was US$24.52, and the lowest was US$24.12.

3. 03

   The company reported that, before January 23, 2024, it had bought back a cumulative 17,210,404 shares for a total of US$321,671,149.28. The highest price paid in this period was US$24.80 on December 29, 2023, and the lowest was US$14.88 on September 29, 2022.

4. 04

   The company said it has bought back Class A and Class B shares worth approximately US$483,087,258.09 in total consideration to date, out of the US$1 billion authorization. The company also said it does not repurchase ASX-listed CDIs under the program.

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.

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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