The company said it has a stock repurchase program, the Repurchase Program, under which it may acquire from time to time up to US$1 billion in the aggregate of its Class A common stock and Class B common stock.

1. 01

   The company said it has a stock repurchase program, the Repurchase Program, under which it may acquire from time to time up to US$1 billion in the aggregate of its Class A common stock and Class B common stock.

2. 02

   News Corp disclosed in its daily buy-back notice for Class A common stock that it repurchased 14,572 shares on March 4, 2024, the previous trading day, for a total of US$378,497.50. Prior purchases totaled 17,516,830 shares for US$329,548,800.91.

3. 03

   The company said it has bought back Class A and Class B shares worth approximately US$494,890,422.68 (based on total consideration paid) under the US$1 billion authorized.

4. 04

   The company disclosed that its purchase prices on March 4, 2024 ranged from US$25.77 to US$26.37, and that the highest price paid in the prior period was US$26.88 on February 29, 2024 and the lowest was US$14.88 on September 29, 2022. It said the purpose of the buy-back is "To enhance shareholder value," and listed BofA Securities, Inc. as the broker.

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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