News Corp said it has a stock repurchase program (the Repurchase Program) under which it may acquire up to $1 billion in the aggregate of its Class A common stock and Class B common stock.

1. 01

   News Corp said it has a stock repurchase program (the Repurchase Program) under which it may acquire up to $1 billion in the aggregate of its Class A common stock and Class B common stock.

2. 02

   The company said its daily ASX disclosure (Appendix 3C) showed it bought 17,919,103 Class A common shares before the previous day and 15,371 shares on the previous day (April 12, 2024), for total consideration of US$339,963,487.70 and US$375,851.69, respectively.

3. 03

   The company disclosed that the highest price it paid for Class A common stock was US$27.09 on March 11, 2024, and the lowest was US$14.88 on September 29, 2022. It said the price paid on the previous day ranged from US$24.30 to US$24.70.

4. 04

   The company said it has bought Class A and Class B shares worth approximately US$510,441,168.46 in total consideration paid, out of its US$1 billion authorization.

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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