News Corp said it is authorized to acquire up to $1 billion in the aggregate of its Class A common stock and Class B common stock. The company said it intends to repurchase shares from time to time, in the open market or otherwise, depending on market conditions and its stock price.

1. 01

   News Corp said it is authorized to acquire up to $1 billion in the aggregate of its Class A common stock and Class B common stock. The company said it intends to repurchase shares from time to time, in the open market or otherwise, depending on market conditions and its stock price.

2. 02

   The company told the ASX that on March 13, 2024, the previous trading day, it repurchased 13,774 shares for a total of US$362,847.10. The highest price paid that day was US$26.45, and the lowest was US$26.20.

3. 03

   The company said it repurchased 17,615,642 shares for a total of US$332,134,733.22 in the period before March 13. The highest price paid in this period was US$27.09 on March 11, 2024, and the lowest was US$14.88 on September 29, 2022.

4. 04

   News Corp said it has bought Class A and Class B shares worth about US$498,722,667.00 in total, based on total consideration paid, under its US$1 billion program to date. The company said it does not repurchase ASX-listed CDIs under this program.

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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