News Corp said its stock repurchase program covers 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 market price of its stock.

8-KOther EventsFiled May 23, 2024Period of report May 22, 2024Summary published (UTC) Oct 26, 2026

Key points

AI summary

News Corp said its stock repurchase program covers 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 market price of its stock.
The company said it has bought back Class A and Class B shares totaling about US$525,922,746.57 based on total consideration paid. The authorized limit is US$1 billion.
The company said it bought back 13,228 Class A shares for a total of US$346,377.83 on May 22, 2024, the previous day. The highest price paid was US$26.31, and the lowest was US$26.04.
The company said that under ASX rules it must disclose buy-back transactions to the ASX daily. It said this Appendix 3C was submitted as a daily buy-back notification for its Class A shares. The company said no ASX-listed CDIs will be repurchased under the program.

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 Repurchase Program

News Corp said its stock repurchase program covers 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 market price of its stock.

Source · Based on the filing body and exhibits

Cumulative buy-backs at about US$525,922,746.57

The company said it has bought back Class A and Class B shares totaling about US$525,922,746.57 based on total consideration paid. The authorized limit is US$1 billion.

Source · Based on the filing body and exhibits

Class A Buy-Back Details for May 22, 2024

The company said it bought back 13,228 Class A shares for a total of US$346,377.83 on May 22, 2024, the previous day. The highest price paid was US$26.31, and the lowest was US$26.04.

Source · Based on the filing body and exhibits

Program Structure and ASX Daily Disclosure Obligations

The company said that under ASX rules it must disclose buy-back transactions to the ASX daily. It said this Appendix 3C was submitted as a daily buy-back notification for its Class A shares. The company said no ASX-listed CDIs will be repurchased under the program.

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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