News Corp said it is authorized to repurchase up to $1 billion in the aggregate of its Class A common stock and Class B common stock from time to time. It said the purchases may vary depending on changes in the company's stock price, market conditions and other factors.

1. 01

   News Corp said it is authorized to repurchase up to $1 billion in the aggregate of its Class A common stock and Class B common stock from time to time. It said the purchases may vary depending on changes in the company's stock price, market conditions and other factors.

2. 02

   The company said it intends to repurchase its Nasdaq-listed Class A common stock and Class B common stock from time to time in the open market or otherwise under the program. It said no ASX-listed CDIs will be repurchased, and it gave the reason for the buy-back as "To enhance shareholder value."

3. 03

   On April 18, 2024, the company notified the ASX that it repurchased 15,638 Class A shares for a total of US$377,404.36 that day, with the lowest price paid at US$23.98. The notification is dated 19/04/2024.

4. 04

   News Corp said it has repurchased Class A and Class B shares under the program to date worth approximately US$512,712,159.30, based on total consideration paid. The cumulative Class A repurchases as of April 18 were 17,980,645 shares for a total of US$341,460,147.99.

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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