AI English summary of an SEC filing — figures as filed
News Corp said its Repurchase Program allows it to buy back up to US$1 billion in the aggregate of its Class A and Class B common stock.
Key points
AI summaryNews Corp said its Repurchase Program allows it to buy back up to US$1 billion in the aggregate of its Class A and Class B common stock.
The company said it must disclose daily transactions under the Repurchase Program to the ASX under the exchange's rules, and that no ASX-listed CDIs will be repurchased in this program.
The company said it has bought approximately US$504,828,279.69 of Class A and Class B shares to date, based on total consideration paid.
The company reported that on March 28, 2024, the last day of buying, it repurchased 13,774 Class A shares for a total of US$363,491.73, with a highest price of US$26.52 and a lowest price of US$26.28.
Summary
AI-writtenAnalysis 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.
US$1 billion Share Repurchase Program
News Corp said its Repurchase Program allows it to buy back up to US$1 billion in the aggregate of its Class A and Class B common stock.
Source · Based on the filing body and exhibits
ASX Buy-Back Disclosure and CDI Exclusion
The company said it must disclose daily transactions under the Repurchase Program to the ASX under the exchange's rules, and that no ASX-listed CDIs will be repurchased in this program.
Source · Based on the filing body and exhibits
Approximately US$504,828,279.69 Repurchased to Date
The company said it has bought approximately US$504,828,279.69 of Class A and Class B shares to date, based on total consideration paid.
Source · Based on the filing body and exhibits
Daily Repurchase Activity for 2024-03-28
The company reported that on March 28, 2024, the last day of buying, it repurchased 13,774 Class A shares for a total of US$363,491.73, with a highest price of US$26.52 and a lowest price of US$26.28.
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.
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