News Corp said the Company has a stock repurchase program (the Repurchase Program) under which it may buy back up to $1 billion in aggregate of its Class A and Class B common stock. The company said the purpose of the purchases is "To enhance shareholder value."

1. 01

   News Corp said the Company has a stock repurchase program (the Repurchase Program) under which it may buy back up to $1 billion in aggregate of its Class A and Class B common stock. The company said the purpose of the purchases is "To enhance shareholder value."

2. 02

   The company said it has repurchased approximately US$484,519,549.12 of Class A and Class B shares to date, based on total consideration paid. The total authorization is US$1 billion.

3. 03

   The company notified the ASX daily that on the prior trading day, 30/01/2024, it repurchased 7,927 shares of Class A common stock for total consideration of US$197,157.97. The highest price paid that day was US$25.02, and the lowest price paid was US$24.68.

4. 04

   The company said it plans to repurchase Nasdaq-listed Class A and Class B shares from time to time, including in the open market, and that ASX-listed CDIs will not be repurchased under the program. It said it must disclose program transactions to the ASX daily under ASX rules, and that the broker for the purchases is BofA Securities, Inc.

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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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