News Corp said its stock repurchase program (the Repurchase Program) covers Class A and Class B common stock combined, with up to US$1 billion authorized. The company said shareholder approval is not required.

1. 01

   News Corp said its stock repurchase program (the Repurchase Program) covers Class A and Class B common stock combined, with up to US$1 billion authorized. The company said shareholder approval is not required.

2. 02

   The company said that under Australian Securities Exchange (ASX) rules it must disclose transactions under the program on a daily basis, if any. It said it attached as Exhibit 99.1 and Exhibit 99.2 the information it provided to the ASX in this 8-K, and that the attached Appendix 3C is a daily buy-back notification update dated February 26, 2024.

3. 03

   The company reported that on the previous trading day, February 23, 2024, it bought back 13,774 shares for a total of US$364,692.82. The highest price paid that day was US$26.55 and the lowest was US$26.40.

4. 04

   The company reported that before February 23, 2024, cumulative repurchases totaled 17,434,361 shares for total consideration of US$327,367,830.40. It said it had bought back approximately US$491,614,098.99 of Class A and Class B shares combined to date.

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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