The company said it is authorized to repurchase up to $1 billion in aggregate of its Class A common stock and Class B common stock from time to time. It said it plans to buy both classes together in the open market or otherwise, taking into account market conditions and its share price, among other factors.

1. 01

   The company said it is authorized to repurchase up to $1 billion in aggregate of its Class A common stock and Class B common stock from time to time. It said it plans to buy both classes together in the open market or otherwise, taking into account market conditions and its share price, among other factors.

2. 02

   News Corp said it must disclose its daily buy-back transactions to the Australian Securities Exchange under ASX rules. It said Exhibit 99.1 is the daily buy-back notice for Class A common stock dated March 8, 2024. The company also said no ASX-listed CDIs will be repurchased under the program.

3. 03

   On March 7, 2024, the company bought 13,774 shares for US$359,709.39, according to the notice. It said its cumulative purchases before that day were 17,560,546 shares, with total consideration of US$330,681,961.89.

4. 04

   News Corp said it has bought approximately US$496,551,710.61 worth of Class A and Class B shares to date, based on total consideration paid. The highest price in the notice was US$26.88 on February 29, 2024, and the lowest price was US$14.88 on September 29, 2022.

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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