News Corp said it operates a stock repurchase program, the Repurchase Program, authorized to acquire up to US$1 billion in the aggregate of its Class A common stock and Class B common stock from time to time.

1. 01

   News Corp said it operates a stock repurchase program, the Repurchase Program, authorized to acquire up to US$1 billion in the aggregate of its Class A common stock and Class B common stock from time to time.

2. 02

   News Corp told the ASX that on February 7, 2024 it bought back 8,865 Class A common shares for a total of US$214,001.99. Cumulative purchases before that were 17,301,016 shares, totaling US$323,902,431.98.

3. 03

   The company said it has bought back Class A and Class B shares worth approximately US$486,264,194.51 to date. Its highest purchase price on February 7 was US$24.72 and its lowest was US$23.73; the highest price in the earlier period was US$25.04 and the lowest was US$14.88.

4. 04

   The company said it plans to repurchase Nasdaq-listed Class A and Class B common stock from time to time in the open market or otherwise, subject to market conditions and its share price, and that no ASX-listed CDIs will be repurchased under the program. BofA Securities, Inc. is the broker for the repurchases.

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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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