AI English summary of an SEC filing — figures as filed
News Corp said its stock repurchase program, the Repurchase Program, allows it to buy back up to $1 billion in the aggregate of Class A and Class B common stock.
Key points
AI summaryNews Corp said its stock repurchase program, the Repurchase Program, allows it to buy back up to $1 billion in the aggregate of Class A and Class B common stock.
The company said it repurchased 14,572 shares of Class A common stock on February 14, 2024, the prior trading day, for a total of US$377,400.23, with a highest price of US$26.12 and a lowest price of US$25.78, according to its notice to the ASX.
The company said it had repurchased 17,350,169 shares of Class A common stock before the prior trading day for a total of US$325,159,237.06. It said the highest price paid in that period was US$26.30 on February 12, 2024, and the lowest was US$14.88 on September 29, 2022.
The company said it has purchased approximately US$488,338,616.88 of Class A and Class B shares to date, based on total consideration paid, out of its US$1 billion authorization.
Summary
AI-writtenAnalysis 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 Stock Repurchase Program Overview
News Corp said its stock repurchase program, the Repurchase Program, allows it to buy back up to $1 billion in the aggregate of Class A and Class B common stock.
Source · Based on the filing body and exhibits
Class A Repurchase Activity on February 14, 2024
The company said it repurchased 14,572 shares of Class A common stock on February 14, 2024, the prior trading day, for a total of US$377,400.23, with a highest price of US$26.12 and a lowest price of US$25.78, according to its notice to the ASX.
Source · Based on the filing body and exhibits
Cumulative Repurchases Before the Prior Trading Day
The company said it had repurchased 17,350,169 shares of Class A common stock before the prior trading day for a total of US$325,159,237.06. It said the highest price paid in that period was US$26.30 on February 12, 2024, and the lowest was US$14.88 on September 29, 2022.
Source · Based on the filing body and exhibits
Cumulative Program Spending
The company said it has purchased approximately US$488,338,616.88 of Class A and Class B shares to date, based on total consideration paid, out of its US$1 billion authorization.
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.
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