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News Corp said its stock repurchase program, the Repurchase Program, is authorized to acquire up to $1 billion in the aggregate of its Class A and Class B common stock combined.

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

Key points

AI summary
  1. News Corp said its stock repurchase program, the Repurchase Program, is authorized to acquire up to $1 billion in the aggregate of its Class A and Class B common stock combined.

  2. The company said in its ASX disclosure that it has purchased Class A and Class B shares worth about US$485,679,787.47 to date, based on total consideration paid.

  3. The company said in its daily ASX disclosure that on February 5, 2024 it repurchased 8,813 shares for a total of US$214,264.30, with a highest price of US$24.49 and a lowest price of US$24.11.

  4. The company said it had repurchased 17,284,130 shares for a total of US$323,489,785.82 before February 5, 2024, with a highest price of US$25.04 on January 25, 2024 and a lowest price of US$14.88 on September 29, 2022.

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

News Corp said its stock repurchase program, the Repurchase Program, is authorized to acquire up to $1 billion in the aggregate of its Class A and Class B common stock combined.

Source · Based on the filing body and exhibits

Cumulative Repurchases of About US$485,679,787.47

The company said in its ASX disclosure that it has purchased Class A and Class B shares worth about US$485,679,787.47 to date, based on total consideration paid.

Source · Based on the filing body and exhibits

Repurchases on February 5, 2024

The company said in its daily ASX disclosure that on February 5, 2024 it repurchased 8,813 shares for a total of US$214,264.30, with a highest price of US$24.49 and a lowest price of US$24.11.

Source · Based on the filing body and exhibits

Cumulative Repurchases Before February 5, 2024

The company said it had repurchased 17,284,130 shares for a total of US$323,489,785.82 before February 5, 2024, with a highest price of US$25.04 on January 25, 2024 and a lowest price of US$14.88 on September 29, 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.

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.