The company said it runs a repurchase program under which it may buy back Class A and Class B common stock from time to time, up to US$1 billion in aggregate. The company also said it will not repurchase ASX-listed CDIs under this program.

1. 01

   The company said it runs a repurchase program under which it may buy back Class A and Class B common stock from time to time, up to US$1 billion in aggregate. The company also said it will not repurchase ASX-listed CDIs under this program.

2. 02

   News Corp notified the ASX that it bought back 7,927 Class A shares on January 25, 2024 for a total of US$196,362.10. The highest price paid that day was US$25.04, and the lowest was US$24.65.

3. 03

   The company said it had bought back 17,227,885 shares for a total of US$322,098,110.91 before the previous day. The highest price paid in that 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 approximately US$483,665,552.31 worth of Class A and Class B shares to date, based on total consideration paid. It stated the reason for the buy-back as "To enhance shareholder value."

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

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.