AI English summary of an SEC filing — figures as filed
News Corp NWSNews Corp said its Repurchase Program, covering Class A and Class B common stock combined, is authorized for up to US$1 billion. The company said it may buy back shares from time to time in the open market or otherwise, depending on market conditions and the stock price.
Key points
AI summaryNews Corp said its Repurchase Program, covering Class A and Class B common stock combined, is authorized for up to US$1 billion. The company said it may buy back shares from time to time in the open market or otherwise, depending on market conditions and the stock price.
The company said it has bought approximately US$483,389,034.06 of Class A and Class B shares to date, based on total consideration paid. The combined authorization is US$1 billion.
In its daily ASX buy-back notice, the company said it bought back 8,668 Class A shares for a total of US$213,106.25 on the previous day (24/01/2024). The highest price paid that day was US$24.75, and the lowest was US$24.49.
The company disclosed that it bought back 17,219,217 Class A shares for a total of US$321,885,004.66 before the previous day. The highest price paid in that period was US$24.80 (on 29/12/2023), and the lowest was US$14.88 (on 29/09/2022).
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.
News Corp US$1 billion Share Repurchase Program
News Corp said its Repurchase Program, covering Class A and Class B common stock combined, is authorized for up to US$1 billion. The company said it may buy back shares from time to time in the open market or otherwise, depending on market conditions and the stock price.
Source · Based on the filing body and exhibits
Cumulative buybacks of about US$483,389,034.06
The company said it has bought approximately US$483,389,034.06 of Class A and Class B shares to date, based on total consideration paid. The combined authorization is US$1 billion.
Source · Based on the filing body and exhibits
January 24, 2024 Class A Daily Buy-Back
In its daily ASX buy-back notice, the company said it bought back 8,668 Class A shares for a total of US$213,106.25 on the previous day (24/01/2024). The highest price paid that day was US$24.75, and the lowest was US$24.49.
Source · Based on the filing body and exhibits
Cumulative Buybacks and Price Range Before Previous Day
The company disclosed that it bought back 17,219,217 Class A shares for a total of US$321,885,004.66 before the previous day. The highest price paid in that period was US$24.80 (on 29/12/2023), and the lowest was US$14.88 (on 29/09/2022).
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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