News Corp said the Repurchase Program, covering Class A and Class B common stock combined, was approved for up to $1 billion.

8-KOther EventsFiled Feb 7, 2024Period of report Feb 6, 2024Summary published (UTC) Oct 28, 2026

Key points

AI summary

News Corp said the Repurchase Program, covering Class A and Class B common stock combined, was approved for up to $1 billion.
The company said it had repurchased about US$485,959,490.54 of Class A and Class B shares to date, based on total consideration paid. The aggregate authorization is US$1 billion.
The company disclosed to the ASX that it repurchased 8,073 shares for a total of US$198,381.87 on the prior trading day, February 6, 2024, bringing cumulative repurchases on earlier dates to 17,292,943 shares for a total of US$323,704,050.12.
The company said the program covers Nasdaq-listed Class A and Class B common stock and that no ASX-listed CDIs will be repurchased. It said the purpose is to enhance shareholder value and that shareholder approval is not required.

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 Buyback Program

News Corp said the Repurchase Program, covering Class A and Class B common stock combined, was approved for up to $1 billion.

Source · Based on the filing body and exhibits

Cumulative Repurchases of About US$485,959,490.54

The company said it had repurchased about US$485,959,490.54 of Class A and Class B shares to date, based on total consideration paid. The aggregate authorization is US$1 billion.

Source · Based on the filing body and exhibits

Repurchase Activity as of February 6, 2024

The company disclosed to the ASX that it repurchased 8,073 shares for a total of US$198,381.87 on the prior trading day, February 6, 2024, bringing cumulative repurchases on earlier dates to 17,292,943 shares for a total of US$323,704,050.12.

Source · Based on the filing body and exhibits

Buyback Method and Purpose

The company said the program covers Nasdaq-listed Class A and Class B common stock and that no ASX-listed CDIs will be repurchased. It said the purpose is to enhance shareholder value and that shareholder approval is not required.

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.

View the original filing on SEC EDGAR ↗

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