AI English summary of an SEC filing — figures as filed
News Corp said the Repurchase Program covers up to US$1 billion in the aggregate of its Class A and Class B common stock. Under the program, no ASX-listed CDIs will be repurchased.
Key points
AI summaryNews Corp said the Repurchase Program covers up to US$1 billion in the aggregate of its Class A and Class B common stock. Under the program, no ASX-listed CDIs will be repurchased.
The company notified the ASX that on 2024-05-17 it bought back 13,212 shares of Class A common stock for a total of US$346,400.14. The highest price paid that day was US$26.36, and the lowest was US$26.12.
In its ASX notice, the company said it bought back 18,297,862 shares of Class A common stock for a total of US$349,248,240.26 before the previous day, 2024-05-17. The highest price paid in that period was US$27.09 (on 2024-03-11), and the lowest was US$14.88 (on 2022-09-29).
News Corp said it has bought back Class A and Class B shares totaling about US$524,364,011.59 (based on total consideration paid) under its US$1 billion authorization. The company said the initial notification date for this buy-back notice was 2021-09-22.
Summary
AI-writtenAnalysis 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 Buy-Back Program
News Corp said the Repurchase Program covers up to US$1 billion in the aggregate of its Class A and Class B common stock. Under the program, no ASX-listed CDIs will be repurchased.
Source · Based on the filing body and exhibits
Daily Class A Common Stock Buy-Back Notice
The company notified the ASX that on 2024-05-17 it bought back 13,212 shares of Class A common stock for a total of US$346,400.14. The highest price paid that day was US$26.36, and the lowest was US$26.12.
Source · Based on the filing body and exhibits
Class A Purchases Before Previous Day
In its ASX notice, the company said it bought back 18,297,862 shares of Class A common stock for a total of US$349,248,240.26 before the previous day, 2024-05-17. The highest price paid in that period was US$27.09 (on 2024-03-11), and the lowest was US$14.88 (on 2022-09-29).
Source · Based on the filing body and exhibits
Cumulative Class A and Class B Purchases
News Corp said it has bought back Class A and Class B shares totaling about US$524,364,011.59 (based on total consideration paid) under its US$1 billion authorization. The company said the initial notification date for this buy-back notice was 2021-09-22.
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.
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