The company said its stock repurchase program (the Repurchase Program), covering Class A and Class B common stock combined, has been authorized for up to $1 billion. The company said it intends to repurchase shares from time to time in the open market or otherwise, depending on market conditions and the stock price.

1. 01

   The company said its stock repurchase program (the Repurchase Program), covering Class A and Class B common stock combined, has been authorized for up to $1 billion. The company said it intends to repurchase shares from time to time in the open market or otherwise, depending on market conditions and the stock price.

2. 02

   News Corp said it had bought about US$500,960,787.80 of Class A and Class B shares, based on total consideration paid, as disclosed in its filings with the Australian Securities Exchange. The authorized limit is US$1 billion.

3. 03

   The company said that on March 19, 2024 it repurchased 14,572 Class A common shares for a total of US$373,465.79, as shown in its daily Appendix 3C notification. It said it had previously bought 17,672,983 shares for a total of US$333,622,059.26.

4. 04

   News Corp said it had 376,056,152 Class A common shares on issue. Purchase prices were between US$25.46 and US$25.67 on March 19. The highest price previously paid was US$27.09 on March 11, 2024, and the lowest 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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