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AI English summary of an SEC filing — figures as filed

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The company said its repurchase program, approved to buy back up to $1 billion in the aggregate of Class A common stock and Class B common stock, was authorized. The company said it will not repurchase ASX-listed CDIs under this program.

8-KOther EventsFiled Period of report Summary published (UTC)

Key points

AI summary
  1. The company said its repurchase program, approved to buy back up to $1 billion in the aggregate of Class A common stock and Class B common stock, was authorized. The company said it will not repurchase ASX-listed CDIs under this program.

  2. In its Appendix 3C filed with the ASX, the company reported that on 2024-02-02 (previous day) it bought back 8,325 shares for a total of US$205,061.40. The highest price paid that day was US$24.77, and the lowest price was US$24.47.

  3. News Corp said in its ASX filing that before 2024-02-02 (previous day), it bought back 17,275,805 shares for a total of US$323,284,724.42. The highest price in the same column was US$25.04 on 2024-01-25, and the lowest price was US$14.88 on 2022-09-29.

  4. The company said it has bought back Class A and Class B shares for approximately US$485,375,533.85 in total consideration to date, out of the $1 billion authorization. The filing listed the total number of Class A shares on issue as 376,353,548.

Summary

AI-written

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.

US$1 billion Share Repurchase Program

The company said its repurchase program, approved to buy back up to $1 billion in the aggregate of Class A common stock and Class B common stock, was authorized. The company said it will not repurchase ASX-listed CDIs under this program.

Source · Based on the filing body and exhibits

Daily Buy-Back Volume on 2024-02-02

In its Appendix 3C filed with the ASX, the company reported that on 2024-02-02 (previous day) it bought back 8,325 shares for a total of US$205,061.40. The highest price paid that day was US$24.77, and the lowest price was US$24.47.

Source · Based on the filing body and exhibits

Cumulative Buy-Back Volume Before 2024-02-02

News Corp said in its ASX filing that before 2024-02-02 (previous day), it bought back 17,275,805 shares for a total of US$323,284,724.42. The highest price in the same column was US$25.04 on 2024-01-25, and the lowest price was US$14.88 on 2022-09-29.

Source · Based on the filing body and exhibits

Cumulative Spending Against US$1 billion Authorization

The company said it has bought back Class A and Class B shares for approximately US$485,375,533.85 in total consideration to date, out of the $1 billion authorization. The filing listed the total number of Class A shares on issue as 376,353,548.

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.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.