The company said its stock repurchase program allows it to buy back up to US$1 billion in the aggregate of Class A common stock and Class B common stock combined.

8-KOther EventsFiled Apr 26, 2024Period of report Apr 25, 2024Summary published (UTC) Oct 27, 2026

Key points

AI summary

The company said its stock repurchase program allows it to buy back up to US$1 billion in the aggregate of Class A common stock and Class B common stock combined.
The company disclosed that it has bought back approximately US$514,973,999.97 worth of Class A and Class B shares to date, based on total consideration paid.
News Corp said the highest price paid on the previous buy-back day was US$24.71 and the lowest was US$24.48, and it cited "To enhance shareholder value" as the reason for the buy-back. It named BofA Securities, Inc. as the broker.

Summary

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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. Some paragraphs were omitted because their support in the source could not be confirmed.

Repurchase program limit of US$1 billion

The company said its stock repurchase program allows it to buy back up to US$1 billion in the aggregate of Class A common stock and Class B common stock combined.

Source · Based on the filing body and exhibits

Cumulative buybacks of about US$514,973,999.97

The company disclosed that it has bought back approximately US$514,973,999.97 worth of Class A and Class B shares to date, based on total consideration paid.

Source · Based on the filing body and exhibits

Price range on last buyback day and reason for repurchases

News Corp said the highest price paid on the previous buy-back day was US$24.71 and the lowest was US$24.48, and it cited "To enhance shareholder value" as the reason for the buy-back. It named BofA Securities, Inc. as the broker.

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.

View the original filing on SEC EDGAR ↗

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