The company said its stock repurchase program, which covers Class A and Class B common stock combined, is authorized for up to $1 billion. It listed the reason for the buy-back as "To enhance shareholder value."

1. 01

   The company said its stock repurchase program, which covers Class A and Class B common stock combined, is authorized for up to $1 billion. It listed the reason for the buy-back as "To enhance shareholder value."

2. 02

   News Corp said it plans to repurchase Nasdaq-listed Class A and Class B common stock from time to time in the open market or otherwise, subject to market conditions and the price of its stock. It also said no ASX-listed CDIs will be repurchased under the program.

3. 03

   News Corp notified the ASX that on 2024-04-22 it bought back 15,371 shares of Class A common stock for a total of US$374,256.18, with a highest price of US$24.46 and a lowest price of US$24.13 on that day.

4. 04

   The company said it had notified the ASX of buying back 18,012,028 shares of Class A common stock for a total of US$342,215,920.45 before the previous day. It also said that, to date, it has bought Class A and Class B shares for approximately US$513,844,764.77 in total consideration paid.

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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