News Corp said its Repurchase Program, under which it is authorized to buy back up to US$1 billion in the aggregate of its Class A and Class B common stock, is in place.

8-KOther EventsFiled May 13, 2024Period of report May 10, 2024Summary published (UTC) Oct 27, 2026

Key points

AI summary

News Corp said its Repurchase Program, under which it is authorized to buy back up to US$1 billion in the aggregate of its Class A and Class B common stock, is in place.
The company said it has bought back Class A and Class B shares for approximately US$521,766,145.98 in total consideration to date.
The company said it bought back 15,371 Class A shares for a total of US$382,767.10 on its most recent buy-back day, 10/05/2024, and that the cumulative amount before that day was 18,228,787 shares, US$347,479,927.35.
The company disclosed a highest price of US$25.06 and a lowest price of US$24.60 on the previous buy-back day. It said the cumulative highest price before that day was US$27.09 (11/03/2024), and the cumulative lowest price was US$14.88 (29/09/2022). News Corp cited the reason for the buy-back as to enhance shareholder value.

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.

Repurchase Program Authorization of Up to US$1 billion

News Corp said its Repurchase Program, under which it is authorized to buy back up to US$1 billion in the aggregate of its Class A and Class B common stock, is in place.

Source · Based on the filing body and exhibits

Approximately US$521,766,145.98 in Cumulative Repurchases

The company said it has bought back Class A and Class B shares for approximately US$521,766,145.98 in total consideration to date.

Source · Based on the filing body and exhibits

Buy-Back Activity for May 10, 2024 and Prior Cumulative Totals

The company said it bought back 15,371 Class A shares for a total of US$382,767.10 on its most recent buy-back day, 10/05/2024, and that the cumulative amount before that day was 18,228,787 shares, US$347,479,927.35.

Source · Based on the filing body and exhibits

Price Range and Reason for Buy-Back

The company disclosed a highest price of US$25.06 and a lowest price of US$24.60 on the previous buy-back day. It said the cumulative highest price before that day was US$27.09 (11/03/2024), and the cumulative lowest price was US$14.88 (29/09/2022). News Corp cited the reason for the buy-back as to enhance shareholder value.

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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