News Corp said its Repurchase Program allows it to acquire up to $1 billion in the aggregate of Class A common stock and Class B common stock. The company said it intends to repurchase shares from time to time in the open market or otherwise, subject to market conditions and the price of its stock.

1. 01

   News Corp said its Repurchase Program allows it to acquire up to $1 billion in the aggregate of Class A common stock and Class B common stock. The company said it intends to repurchase shares from time to time in the open market or otherwise, subject to market conditions and the price of its stock.

2. 02

   In a daily buy-back notice filed with the ASX, the company said it bought back 15,745 shares on 19/04/2024, the previous trading day, for a total of US$378,368.10. The highest price paid was US$24.10, and the lowest was US$23.96.

3. 03

   The company said it bought back 17,996,283 shares for a total of US$341,837,552.35 before 19/04/2024. The highest price over that period was US$27.09 on 11/03/2024, and the lowest was US$14.88 on 29/09/2022.

4. 04

   The company said it has bought back Class A and Class B shares with a total consideration of about US$513,282,251.42 to date, under the US$1 billion authorization. The company listed its reason for the buy-back as "To enhance shareholder value."

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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