News Corp said the Repurchase Program, which covers Class A common stock and Class B common stock combined, has been approved for up to $1 billion in total. The company said it intends to repurchase shares from time to time in the open market or otherwise, taking market conditions and its share price into account.

1. 01

   News Corp said the Repurchase Program, which covers Class A common stock and Class B common stock combined, has been approved for up to $1 billion in total. The company said it intends to repurchase shares from time to time in the open market or otherwise, taking market conditions and its share price into account.

2. 02

   The company said it has bought approximately US$490,527,030.05 of Class A and Class B shares under the program to date, based on total consideration paid.

3. 03

   News Corp told the ASX that it repurchased 14,524 Class A shares on the prior trading day, 21/02/2024, for total consideration of US$377,442.45. The highest price paid that day was US$26.22, and the lowest was US$25.86.

4. 04

   The company said that under ASX rules it must disclose Repurchase Program transactions to the ASX on a daily basis, and that this filing includes an Appendix 3C daily notification for its Class A shares. The notification shows 376,294,701 Class A shares on issue.

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.

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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