News Corp said it was authorized to repurchase up to $1 billion in the aggregate of its Class A and Class B common stock from time to time under its stock repurchase program (the "Repurchase Program").

1. 01

   News Corp said it was authorized to repurchase up to $1 billion in the aggregate of its Class A and Class B common stock from time to time under its stock repurchase program (the "Repurchase Program").

2. 02

   The company said that, in its daily ASX disclosures, it has bought approximately US$486,478,889.65 of Class A and Class B shares to date, based on total consideration paid.

3. 03

   The company said it bought 6,056 shares for a total of US$156,622.69 on February 8, 2024, the last trading day before the notice. It disclosed that cumulative purchases before that were 17,309,881 shares for a total of US$324,116,433.97.

4. 04

   The company said it plans to repurchase Class A and Class B common stock from time to time in the open market or otherwise, subject to market conditions and the market price of its stock. It said no ASX-listed CDIs will be repurchased under the program. The purpose is to enhance shareholder value, and the broker is BofA Securities, Inc.

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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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