Skip to content
ChickenStockChickenStock
ResearchFilings

AI English summary of an SEC filing — figures as filed

News Corp logoNews Corp NWS

News Corp operates a repurchase program authorized to acquire up to US$1 billion in the aggregate of its Class A common stock and Class B common stock.

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

Key points

AI summary
  1. News Corp operates a repurchase program authorized to acquire up to US$1 billion in the aggregate of its Class A common stock and Class B common stock.

  2. The company reported to the ASX on a daily basis that it bought 15,371 shares of Class A common stock for a total of US$372,703.71 on April 17, 2024. Cumulative purchases before that were 17,965,274 shares for US$341,087,444.28.

  3. The company said the lowest purchase price on April 17, 2024 was US$24.17 and the highest was US$24.35. For the cumulative period before that, the highest price was US$27.09 on March 11, 2024, and the lowest price was US$14.88 on September 29, 2022.

  4. The company said it has bought Class A and Class B shares worth approximately US$512,142,201.59 in total consideration so far under the US$1 billion program. No ASX-listed CDIs will be repurchased under this program.

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.

US$1 billion Stock Repurchase Program

News Corp operates a repurchase program authorized to acquire up to US$1 billion in the aggregate of its Class A common stock and Class B common stock.

Source · Based on the filing body and exhibits

Class A Daily Buyback Notice: 15,371 Shares on April 17, 2024

The company reported to the ASX on a daily basis that it bought 15,371 shares of Class A common stock for a total of US$372,703.71 on April 17, 2024. Cumulative purchases before that were 17,965,274 shares for US$341,087,444.28.

Source · Based on the filing body and exhibits

Purchase Price Range: US$24.17 to US$24.35 on Prior Day

The company said the lowest purchase price on April 17, 2024 was US$24.17 and the highest was US$24.35. For the cumulative period before that, the highest price was US$27.09 on March 11, 2024, and the lowest price was US$14.88 on September 29, 2022.

Source · Based on the filing body and exhibits

About US$512,142,201.59 of US$1 billion Limit Used

The company said it has bought Class A and Class B shares worth approximately US$512,142,201.59 in total consideration so far under the US$1 billion program. No ASX-listed CDIs will be repurchased under this program.

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.