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AI English summary of an SEC filing — figures as filed

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The company said it is authorized to repurchase up to $1 billion in the aggregate of Class A common stock and Class B common stock. It said it plans to buy both classes together in the open market or otherwise from time to time, depending on market conditions and its stock price, among other factors.

8-KOther EventsFiled Period of report Summary published (UTC)

Key points

AI summary
  1. The company said it is authorized to repurchase up to $1 billion in the aggregate of Class A common stock and Class B common stock. It said it plans to buy both classes together in the open market or otherwise from time to time, depending on market conditions and its stock price, among other factors.

  2. News Corp disclosed to the ASX that on 2024-04-15 it repurchased 15,371 shares of Class A common stock for a total of US$375,641.11. The highest price paid that day was US$24.72, and the lowest was US$24.19.

  3. The company said it had repurchased 17,934,474 shares of Class A common stock for a total of US$340,339,339.39 through 2024-04-15. The highest price paid during the period was US$27.09 (on 2024-03-11), and the lowest was US$14.88 (on 2022-09-29).

  4. News Corp said it had repurchased Class A and Class B shares for approximately US$511,011,564.14 in total consideration since the program began. The company listed the total number of Class A shares on issue as 375,783,433.

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.

Up to $1 billion Share Repurchase Program

The company said it is authorized to repurchase up to $1 billion in the aggregate of Class A common stock and Class B common stock. It said it plans to buy both classes together in the open market or otherwise from time to time, depending on market conditions and its stock price, among other factors.

Source · Based on the filing body and exhibits

Daily Repurchase Activity for 2024-04-15

News Corp disclosed to the ASX that on 2024-04-15 it repurchased 15,371 shares of Class A common stock for a total of US$375,641.11. The highest price paid that day was US$24.72, and the lowest was US$24.19.

Source · Based on the filing body and exhibits

Cumulative Repurchases Before the Previous Day

The company said it had repurchased 17,934,474 shares of Class A common stock for a total of US$340,339,339.39 through 2024-04-15. The highest price paid during the period was US$27.09 (on 2024-03-11), and the lowest was US$14.88 (on 2022-09-29).

Source · Based on the filing body and exhibits

Cumulative Program Spending and Shares on Issue

News Corp said it had repurchased Class A and Class B shares for approximately US$511,011,564.14 in total consideration since the program began. The company listed the total number of Class A shares on issue as 375,783,433.

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.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.