The company said it received approval for a repurchase program of up to $1 billion in the aggregate for its Class A common stock and Class B common stock combined. It said it plans to buy back shares from time to time in the open market or otherwise, depending on market conditions and the share price, among other factors.

1. 01

   The company said it received approval for a repurchase program of up to $1 billion in the aggregate for its Class A common stock and Class B common stock combined. It said it plans to buy back shares from time to time in the open market or otherwise, depending on market conditions and the share price, among other factors.

2. 02

   News Corp disclosed in its daily Class A common stock buy-back notice that it repurchased 14,572 shares for a total of US$371,345.56 on March 18, 2024. The highest price paid that day was US$25.76, and the lowest price paid was US$25.35.

3. 03

   The company said it repurchased 17,658,411 Class A common stock shares for a total of US$333,250,713.70 before March 18, 2024. The highest price paid in that period was US$27.09 on March 11, 2024, and the lowest price paid was US$14.88 on September 29, 2022.

4. 04

   The company said it has purchased Class A and Class B shares totaling approximately US$500,403,413.85 to date, based on total consideration paid. It listed the reason for the buy-back as "To enhance shareholder value."

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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