The company said it was authorized under the Repurchase Program to acquire up to $1 billion in the aggregate of its Class A and Class B common stock from time to time. The company said it will not repurchase any ASX-listed CDIs under the program.

1. 01

   The company said it was authorized under the Repurchase Program to acquire up to $1 billion in the aggregate of its Class A and Class B common stock from time to time. The company said it will not repurchase any ASX-listed CDIs under the program.

2. 02

   In its daily buy-back notice to the ASX, News Corp said it repurchased 8,303 shares for a total of US$203,710.78 on February 1, 2024, the prior trading day. The highest price paid that day was US$24.73, and the lowest was US$24.32.

3. 03

   The company said it had repurchased 17,267,502 shares for a total of US$323,081,013.63 before the previous day. It said it has bought back approximately US$485,085,252.15 worth of Class A and Class B shares to date, based on total consideration paid.

4. 04

   News Corp listed the purpose of the program as "To enhance shareholder value." The company said it intends to repurchase shares from time to time in the open market or otherwise, subject to market conditions and its stock price. It named BofA Securities, Inc. as the broker that will carry out the buy-backs on its behalf.

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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