The company said the Repurchase Program authorizes it to acquire up to $1 billion in the aggregate of Class A common stock and Class B common stock from time to time.

8-KOther EventsFiled Mar 22, 2024Period of report Mar 21, 2024Summary published (UTC) Oct 28, 2026

Key points

AI summary

The company said the Repurchase Program authorizes it to acquire up to $1 billion in the aggregate of Class A common stock and Class B common stock from time to time.
The company told the ASX that it bought 13,912 shares for a total consideration of US$363,513.60 on 21/03/2024, the last trading day. The highest price on that day was US$26.22 and the lowest was US$25.98.
The company said it bought 17,702,127 shares for a total consideration of US$334,371,097.95 before the previous day. It said it has bought Class A and Class B shares for a total consideration of about US$502,063,933.21 to date.
The company said it has designated BofA Securities, Inc. as its buy-back broker, the purpose of the buy-back is to enhance shareholder value, and no ASX-listed CDIs will be repurchased under the program.

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 Corporation buyback program authorization scope $1 billion

The company said the Repurchase Program authorizes it to acquire up to $1 billion in the aggregate of Class A common stock and Class B common stock from time to time.

Source · Based on the filing body and exhibits

Daily Class A buy-back volume on 21/03/2024

The company told the ASX that it bought 13,912 shares for a total consideration of US$363,513.60 on 21/03/2024, the last trading day. The highest price on that day was US$26.22 and the lowest was US$25.98.

Source · Based on the filing body and exhibits

Cumulative buy-backs before the previous day and program total

The company said it bought 17,702,127 shares for a total consideration of US$334,371,097.95 before the previous day. It said it has bought Class A and Class B shares for a total consideration of about US$502,063,933.21 to date.

Source · Based on the filing body and exhibits

Buy-back method, broker and ASX disclosure requirements

The company said it has designated BofA Securities, Inc. as its buy-back broker, the purpose of the buy-back is to enhance shareholder value, and no ASX-listed CDIs will be repurchased under the program.

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.

View the original filing on SEC EDGAR ↗

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