The company said its stock repurchase program (the "Repurchase Program") authorizes it to buy back Class A and Class B common stock combined, up to $1 billion in total, from time to time.

1. 01

   The company said its stock repurchase program (the "Repurchase Program") authorizes it to buy back Class A and Class B common stock combined, up to $1 billion in total, from time to time.

2. 02

   News Corp said it intends to repurchase Class A and Class B shares together from time to time, in the open market or otherwise, subject to market conditions and the market price of its stock. It said the reason for the buy-back is to enhance shareholder value. No ASX-listed CDIs will be repurchased under the program.

3. 03

   The company said it bought back 15,371 Class A shares for a total of US$382,843.96 on April 11, 2024, the previous day, in its daily buy-back notice to the ASX. It said the highest price paid that day was US$25.02 and the lowest was US$24.77.

4. 04

   News Corp said it had bought back 17,903,732 shares for a total of US$339,580,643.74 before the previous day. It also said it has bought approximately US$509,880,446.72 of Class A and Class B shares to date, based on total consideration paid. The authorized repurchase limit is $1 billion.

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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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