News Corp said it is authorized under its Repurchase Program to acquire up to $1 billion in the aggregate of its Class A and Class B common stock.

8-KOther EventsFiled May 15, 2024Period of report May 14, 2024Summary published (UTC) Oct 27, 2026

Key points

AI summary

News Corp said it is authorized under its Repurchase Program to acquire up to $1 billion in the aggregate of its Class A and Class B common stock.
The company said that under the rules of the Australian Securities Exchange (ASX), it must disclose Repurchase Program transactions to the ASX daily, if any occur. It said this 8-K attaches 2 ASX information filings, provided as Exhibit 99.1 and Exhibit 99.2.
News Corp said its daily ASX notice for Class A common stock showed purchases of 13,552 shares on May 14, 2024, the previous trading day, for total consideration of US$346,385.05. It said cumulative prior purchases were 18,257,785 shares for US$348,209,076.44.
The company said it has purchased Class A and Class B shares totaling about US$522,805,280.49 in total consideration against its US$1 billion authorization. The previous day's purchase prices ranged from US$25.40 to US$25.65 per share.

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.

US$1 billion Share Repurchase Program

News Corp said it is authorized under its Repurchase Program to acquire up to $1 billion in the aggregate of its Class A and Class B common stock.

Source · Based on the filing body and exhibits

ASX Daily Buy-Back Disclosure Requirement

The company said that under the rules of the Australian Securities Exchange (ASX), it must disclose Repurchase Program transactions to the ASX daily, if any occur. It said this 8-K attaches 2 ASX information filings, provided as Exhibit 99.1 and Exhibit 99.2.

Source · Based on the filing body and exhibits

Class A Cumulative Purchases and Prior-Day Activity

News Corp said its daily ASX notice for Class A common stock showed purchases of 13,552 shares on May 14, 2024, the previous trading day, for total consideration of US$346,385.05. It said cumulative prior purchases were 18,257,785 shares for US$348,209,076.44.

Source · Based on the filing body and exhibits

Cumulative Purchases Against Authorization

The company said it has purchased Class A and Class B shares totaling about US$522,805,280.49 in total consideration against its US$1 billion authorization. The previous day's purchase prices ranged from US$25.40 to US$25.65 per share.

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

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