News Corp said its Repurchase Program allows it to acquire up to $1 billion in the aggregate of Class A common stock and Class B common stock. The company said it intends to repurchase shares from time to time in the open market or otherwise, subject to market conditions and the price of its stock.

1. 01

   News Corp said its Repurchase Program allows it to acquire up to $1 billion in the aggregate of Class A common stock and Class B common stock. The company said it intends to repurchase shares from time to time in the open market or otherwise, subject to market conditions and the price of its stock.

2. 02

   In its daily ASX notification (Appendix 3C), the company said it repurchased 13,599 shares of Class A common stock for a total of US$358,288.77 on February 27, 2024. The highest price paid was US$26.43, and the lowest was US$26.23.

3. 03

   The company notified the ASX that before February 27, 2024, it had repurchased 17,461,909 shares of Class A common stock for a total of US$328,095,550.76. The highest price paid in that period was US$26.68 on February 15, 2024, and the lowest was US$14.88 on September 29, 2022.

4. 04

   News Corp said it has repurchased Class A and Class B shares worth approximately US$492,694,392.10 in total consideration against the US$1 billion authorization to date. The company listed its purpose for the buy-back as "To enhance shareholder value."

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

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.