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News Corp said it runs a stock repurchase program, the Repurchase Program, under which it may acquire up to US$1 billion in Class A and Class B common stock combined.

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

Key points

AI summary
  1. News Corp said it runs a stock repurchase program, the Repurchase Program, under which it may acquire up to US$1 billion in Class A and Class B common stock combined.

  2. The company said it has purchased Class A and Class B shares under the program for a total consideration of about US$516,105,438.86 to date.

  3. The company told the ASX that on April 26, 2024, it repurchased 15,371 Class A shares for a total consideration of US$372,679.12, with a highest price paid of US$24.32 and a lowest price paid of US$24.00.

  4. News Corp said that, cumulatively before April 26, 2024, it had repurchased 18,073,582 Class A shares for a total consideration of US$343,720,497.18, with a highest price paid of US$27.09 and a lowest price paid of US$14.88 over that period.

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.

News Corp US$1 billion Stock Repurchase Program

News Corp said it runs a stock repurchase program, the Repurchase Program, under which it may acquire up to US$1 billion in Class A and Class B common stock combined.

Source · Based on the filing body and exhibits

Cumulative Repurchases of About US$516,105,438.86

The company said it has purchased Class A and Class B shares under the program for a total consideration of about US$516,105,438.86 to date.

Source · Based on the filing body and exhibits

Daily Repurchase Details for April 26, 2024

The company told the ASX that on April 26, 2024, it repurchased 15,371 Class A shares for a total consideration of US$372,679.12, with a highest price paid of US$24.32 and a lowest price paid of US$24.00.

Source · Based on the filing body and exhibits

Cumulative Repurchases and Price Range Before Prior Day

News Corp said that, cumulatively before April 26, 2024, it had repurchased 18,073,582 Class A shares for a total consideration of US$343,720,497.18, with a highest price paid of US$27.09 and a lowest price paid of US$14.88 over that period.

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.