News Corp said it has a repurchase program authorizing it to acquire up to $1 billion in the aggregate of its Class A 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 its stock price.

1. 01

   News Corp said it has a repurchase program authorizing it to acquire up to $1 billion in the aggregate of its Class A 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 its stock price.

2. 02

   The company said in its daily ASX buy-back notice that on March 5, 2024, the previous day, it repurchased 14,572 shares for a total of US$376,045.03. The highest price paid that day was US$25.93, and the lowest was US$25.51.

3. 03

   The company said it repurchased 17,531,402 shares for a total of US$329,927,298.41 before the previous day as of the notice. 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.

4. 04

   The company said it had bought back about US$495,452,670.46 of Class A and Class B shares, measured by total consideration, under the $1 billion authorization. The total number of Class A shares on issue subject to the notice was listed as 376,181,286.

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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