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

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

Key points

AI summary
  1. The company said its stock repurchase program, which covers Class A and Class B common stock combined, is authorized for up to US$1 billion in the aggregate. The company said it intends to repurchase shares from time to time in the open market or otherwise, depending on market conditions and the market price of its stock.

  2. The company told the ASX that it bought 14,423 Class A shares for a total of US$376,339.34 on the previous day, March 14, 2024. The highest price paid in that previous-day purchase was US$26.26, and the lowest was US$25.93.

  3. The company said it bought 17,629,416 shares for a total of US$332,497,580.32 before the previous day. The highest price paid in that category was US$27.09 on March 11, 2024, and the lowest was US$14.88 on September 29, 2022.

  4. The company said it has bought Class A and Class B shares worth approximately US$499,286,416.97 to date, out of the US$1 billion authorization. The amount is based on total consideration paid.

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 Class B Stock Repurchase Program US$1 billion

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

Source · Based on the filing body and exhibits

Class A Common Stock Repurchase Details for March 14, 2024

The company told the ASX that it bought 14,423 Class A shares for a total of US$376,339.34 on the previous day, March 14, 2024. The highest price paid in that previous-day purchase was US$26.26, and the lowest was US$25.93.

Source · Based on the filing body and exhibits

Cumulative Purchases and Price Range Before Previous Day

The company said it bought 17,629,416 shares for a total of US$332,497,580.32 before the previous day. The highest price paid in that category was US$27.09 on March 11, 2024, and the lowest was US$14.88 on September 29, 2022.

Source · Based on the filing body and exhibits

Cumulative Purchases Against US$1 billion Authorization

The company said it has bought Class A and Class B shares worth approximately US$499,286,416.97 to date, out of the US$1 billion authorization. The amount is based on total consideration paid.

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.