News Corp said its Repurchase Program allows it to buy back up to $1 billion in the aggregate of Class A common stock and Class B common stock. The company said it intends to repurchase shares from time to time, depending on market conditions and the stock price.

8-KOther EventsFiled May 16, 2024Period of report May 15, 2024Summary published (UTC) Oct 27, 2026

Key points

AI summary

News Corp said its Repurchase Program allows it to buy back up to $1 billion in the aggregate of Class A common stock and Class B common stock. The company said it intends to repurchase shares from time to time, depending on market conditions and the stock price.
The company told the ASX that it had bought back a cumulative 18,271,337 Class A common shares as of May 15, 2024 for a total of US$348,555,461.49, and 13,363 shares on May 15 for US$346,398.36.
The company said the highest price paid was US$27.09 on March 11, 2024 and the lowest was US$14.88 on September 29, 2022. It added that the highest price on May 15 was US$26.05 and the lowest was US$25.72.
The company said it had bought approximately US$523,324,866.06 worth of Class A and Class B shares under the $1 billion program, based on total consideration paid.

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 Share Buy-Back Program

News Corp said its Repurchase Program allows it to buy back up to $1 billion in the aggregate of Class A common stock and Class B common stock. The company said it intends to repurchase shares from time to time, depending on market conditions and the stock price.

Source · Based on the filing body and exhibits

Class A Common Stock Repurchase Volume and Consideration

The company told the ASX that it had bought back a cumulative 18,271,337 Class A common shares as of May 15, 2024 for a total of US$348,555,461.49, and 13,363 shares on May 15 for US$346,398.36.

Source · Based on the filing body and exhibits

Repurchase Price Range and Prior-Day Prices

The company said the highest price paid was US$27.09 on March 11, 2024 and the lowest was US$14.88 on September 29, 2022. It added that the highest price on May 15 was US$26.05 and the lowest was US$25.72.

Source · Based on the filing body and exhibits

Cumulative Repurchases Under US$1 billion Authorization

The company said it had bought approximately US$523,324,866.06 worth of Class A and Class B shares under the $1 billion program, based on total consideration paid.

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 ↗

Unauthorized scraping, data storage and database creation prohibited

Without prior written consent, you must not crawl or scrape data compiled and organized by Chickstock or its analysis and summaries, or collect them repeatedly or in bulk for storage, ingestion or database creation. Repurposing, redistribution, sale and use to build other services are also prohibited.

Unauthorized use may result in access restrictions, demands to stop infringement and delete copies, and claims for damages. Violations of applicable law may also give rise to criminal liability.

Uses permitted by law, the Terms of Service or a separate agreement remain subject to their respective scope. Rights in individual source materials, including original filings, remain with their respective rights holders.