AI English summary of an SEC filing — figures as filed
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.
Key points
AI summaryThe 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.
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.
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).
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-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.
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.
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