The company said it runs a stock repurchase program (the Repurchase Program) under which it may acquire up to US$1 billion in aggregate of its Class A and Class B common stock from time to time.

8-KOther EventsFiled Apr 3, 2024Period of report Apr 2, 2024Summary published (UTC) Oct 28, 2026

Key points

AI summary

The company said it runs a stock repurchase program (the Repurchase Program) under which it may acquire up to US$1 billion in aggregate of its Class A and Class B common stock from time to time.
News Corp said its daily buy-back notice to the ASX showed it bought back 14,572 shares for a total of US$372,259.23 on April 2, 2024, the previous buy-back day, with the price that day ranging from US$25.46 to US$25.67.
The company said it bought back 17,800,929 shares for a total of US$336,951,435.85 before the previous buy-back day. It also said it has bought back approximately US$505,945,040.88 of Class A and Class B shares to date, based on total consideration paid.
The company said the program covers Class A and Class B shares listed on Nasdaq and that no ASX-listed CDIs will be repurchased. It said BofA Securities, Inc. will act as broker, and that the purpose is to enhance shareholder value.

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.

US$1 billion Stock Repurchase Program

The company said it runs a stock repurchase program (the Repurchase Program) under which it may acquire up to US$1 billion in aggregate of its Class A and Class B common stock from time to time.

Source · Based on the filing body and exhibits

Daily Buy-Back Details for 2024-04-02

News Corp said its daily buy-back notice to the ASX showed it bought back 14,572 shares for a total of US$372,259.23 on April 2, 2024, the previous buy-back day, with the price that day ranging from US$25.46 to US$25.67.

Source · Based on the filing body and exhibits

Cumulative Repurchase Amount

The company said it bought back 17,800,929 shares for a total of US$336,951,435.85 before the previous buy-back day. It also said it has bought back approximately US$505,945,040.88 of Class A and Class B shares to date, based on total consideration paid.

Source · Based on the filing body and exhibits

Repurchase Method and Purpose

The company said the program covers Class A and Class B shares listed on Nasdaq and that no ASX-listed CDIs will be repurchased. It said BofA Securities, Inc. will act as broker, and that the purpose is to enhance shareholder value.

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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