News Corp said its stock repurchase program allows it to buy up to $1 billion in the aggregate of its Class A and Class B common stock. The company said it intends to make purchases from time to time, depending on market conditions and the price of its stock.

1. 01

   News Corp said its stock repurchase program allows it to buy up to $1 billion in the aggregate of its Class A and Class B common stock. The company said it intends to make purchases from time to time, depending on market conditions and the price of its stock.

2. 02

   The company said it has bought about US$496,014,570.16 of Class A and Class B shares to date. That figure is based on total consideration paid, and the total authorization is US$1 billion.

3. 03

   The company said it repurchased 14,572 shares for a total of US$378,618.45 on March 6, 2024, the last trading day, with a highest price of US$26.08 and a lowest price of US$25.89, according to its daily ASX notice.

4. 04

   The company said this daily ASX notice covers Class A common stock (ASX code NWSAA), with 376,181,286 shares on issue, and that no ASX-listed CDIs will be repurchased under the program. It said BofA Securities, Inc. is the broker for the buy-back.

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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