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AI English summary of an SEC filing — figures as filed

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The company said its stock repurchase program (Repurchase Program) is authorized to acquire up to $1 billion in the aggregate of its Class A and Class B common stock.

8-KOther EventsFiled Period of report Summary published (UTC)

Key points

AI summary
  1. The company said its stock repurchase program (Repurchase Program) is authorized to acquire up to $1 billion in the aggregate of its Class A and Class B common stock.

  2. The company said it has purchased Class A and Class B shares worth approximately US$497,094,602.05 based on total consideration paid.

  3. The company disclosed that on March 8, 2024, it repurchased 13,774 shares for a total of US$363,679.05, with a highest price of US$26.58 and a lowest price of US$26.21.

  4. The company said it repurchased 17,574,320 shares for a total of US$331,041,671.28 before March 8, 2024, with the highest price of US$26.88 paid on February 29, 2024 and the lowest price of US$14.88 paid on September 29, 2022.

Summary

AI-written

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.

News Corp authorizes US$1 billion stock repurchase program

The company said its stock repurchase program (Repurchase Program) is authorized to acquire up to $1 billion in the aggregate of its Class A and Class B common stock.

Source · Based on the filing body and exhibits

Cumulative buybacks total about US$497,094,602.05

The company said it has purchased Class A and Class B shares worth approximately US$497,094,602.05 based on total consideration paid.

Source · Based on the filing body and exhibits

Daily share repurchase details for March 8, 2024

The company disclosed that on March 8, 2024, it repurchased 13,774 shares for a total of US$363,679.05, with a highest price of US$26.58 and a lowest price of US$26.21.

Source · Based on the filing body and exhibits

Shares repurchased and price range before March 8, 2024

The company said it repurchased 17,574,320 shares for a total of US$331,041,671.28 before March 8, 2024, with the highest price of US$26.88 paid on February 29, 2024 and the lowest price of US$14.88 paid 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.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.