News Corp said its stock repurchase program, the Repurchase Program, covers up to $1 billion in aggregate of Class A and Class B common stock. It said the Australian Securities Exchange (ASX) rules require it to disclose daily any transactions made under the program.

8-KOther EventsFiled Apr 17, 2024Period of report Apr 16, 2024Summary published (UTC) Oct 27, 2026

Key points

AI summary

News Corp said its stock repurchase program, the Repurchase Program, covers up to $1 billion in aggregate of Class A and Class B common stock. It said the Australian Securities Exchange (ASX) rules require it to disclose daily any transactions made under the program.
The company said it filed a daily buy-back notification on April 17, 2024 in Appendix 3C for its Class A common stock (ASX Security Code NWSAA), and that the total number of shares on issue is 375,783,433.
The company said it repurchased 15,429 shares for US$372,463.77 on April 16, 2024, the previous trading day. The highest price paid that day was US$24.25, and the lowest was US$23.96.
The company said it has bought Class A and Class B shares worth about US$511,576,256.64 in total consideration under the US$1 billion authorization. Before the previous trading day, it had repurchased 17,949,845 shares for US$340,714,980.50.

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.

News Corp Stock Repurchase Program: US$1 billion

News Corp said its stock repurchase program, the Repurchase Program, covers up to $1 billion in aggregate of Class A and Class B common stock. It said the Australian Securities Exchange (ASX) rules require it to disclose daily any transactions made under the program.

Source · Based on the filing body and exhibits

Class A Daily Buy-Back Notice and Shares on Issue

The company said it filed a daily buy-back notification on April 17, 2024 in Appendix 3C for its Class A common stock (ASX Security Code NWSAA), and that the total number of shares on issue is 375,783,433.

Source · Based on the filing body and exhibits

Repurchase Volume and Consideration for April 16, 2024

The company said it repurchased 15,429 shares for US$372,463.77 on April 16, 2024, the previous trading day. The highest price paid that day was US$24.25, and the lowest was US$23.96.

Source · Based on the filing body and exhibits

Cumulative Repurchases and Authorization Limit

The company said it has bought Class A and Class B shares worth about US$511,576,256.64 in total consideration under the US$1 billion authorization. Before the previous trading day, it had repurchased 17,949,845 shares for US$340,714,980.50.

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

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