AI English summary of an SEC filing — figures as filed
News Corp said it has a stock repurchase program, the Repurchase Program, under which it is authorized to acquire up to $1 billion in the aggregate of its Class A common stock and Class B common stock.
Key points
AI summaryNews Corp said it has a stock repurchase program, the Repurchase Program, under which it is authorized to acquire up to $1 billion in the aggregate of its Class A common stock and Class B common stock.
The company said it has purchased Class A and Class B shares with a total consideration of approximately US$494,329,949.07 to date, according to its ASX disclosure.
News Corp told the ASX that on the previous trading day, March 1, 2024, it bought back 13,774 shares for a total of US$363,907.70. The highest price paid that day was US$26.87, and the lowest was US$26.25.
The company said it bought back 17,503,056 shares for a total of US$329,184,893.21 before the previous trading day. The highest price paid in that period was US$26.88 on February 29, 2024, and the lowest was US$14.88 on September 29, 2022.
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 Share Repurchase Program Overview
News Corp said it has a stock repurchase program, the Repurchase Program, under which it is authorized to acquire up to $1 billion in the aggregate of its Class A common stock and Class B common stock.
Source · Based on the filing body and exhibits
Cumulative Purchases of About US$494,329,949.07
The company said it has purchased Class A and Class B shares with a total consideration of approximately US$494,329,949.07 to date, according to its ASX disclosure.
Source · Based on the filing body and exhibits
Daily Repurchase Details for March 1, 2024
News Corp told the ASX that on the previous trading day, March 1, 2024, it bought back 13,774 shares for a total of US$363,907.70. The highest price paid that day was US$26.87, and the lowest was US$26.25.
Source · Based on the filing body and exhibits
Cumulative Repurchases and Price Range Before the Previous Trading Day
The company said it bought back 17,503,056 shares for a total of US$329,184,893.21 before the previous trading day. The highest price paid in that period was US$26.88 on February 29, 2024, and the lowest was US$14.88 on September 29, 2022.
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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