News Corp said it runs a repurchase program for up to $1 billion in the aggregate of its Class A common stock and Class B common stock. The company listed the purpose of the purchases as "To enhance shareholder value."

1. 01

   News Corp said it runs a repurchase program for up to $1 billion in the aggregate of its Class A common stock and Class B common stock. The company listed the purpose of the purchases as "To enhance shareholder value."

2. 02

   The company told the ASX that it repurchased 15,770 shares of Class A common stock for a total of US$375,896.87 on April 30, 2024. The highest price paid that day was US$24.12, and the lowest was US$23.63.

3. 03

   The company said it repurchased 18,104,324 shares of Class A common stock for a total of US$344,467,827.51 before April 30. The highest price paid in that period was US$27.09 on March 11, 2024, and the lowest was US$14.88 on September 29, 2022.

4. 04

   It said it has bought approximately US$517,240,262.01 of Class A and Class B shares against its US$1 billion authorization to date. The company also said no ASX-listed CDIs will be repurchased under the program, and it named BofA Securities, Inc. as the broker.

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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