AI English summary of an SEC filing — figures as filed
News Corp said it has a repurchase program, under which it is authorized to acquire up to $1 billion in the aggregate of its Class A common stock and Class B common stock.
Key points
AI summaryNews Corp said it has a repurchase program, under which it is authorized to acquire up to $1 billion in the aggregate of its Class A common stock and Class B common stock.
The company said it filed with the ASX that it bought back 12,672 shares of Class A common stock for a total of US$346,411.93 on June 4, 2024, the prior day, with prices ranging from US$27.21 to US$27.43.
The company said it bought back 18,441,447 shares of Class A common stock for a total of US$353,058,523.76 before the prior day, with the highest price paid on June 3, 2024 at US$27.41 and the lowest price on September 29, 2022 at US$14.88.
The company said it has bought approximately US$530,079,381.70 of Class A and Class B shares combined under its US$1 billion authorization, based on total consideration paid.
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 Class B Stock Repurchase Program Authorization Limit
News Corp said it has a repurchase program, under which it is authorized to acquire up to $1 billion in the aggregate of its Class A common stock and Class B common stock.
Source · Based on the filing body and exhibits
Class A Common Stock Repurchase Filing for Prior Trading Day
The company said it filed with the ASX that it bought back 12,672 shares of Class A common stock for a total of US$346,411.93 on June 4, 2024, the prior day, with prices ranging from US$27.21 to US$27.43.
Source · Based on the filing body and exhibits
Cumulative Class A Repurchases Before Prior Day
The company said it bought back 18,441,447 shares of Class A common stock for a total of US$353,058,523.76 before the prior day, with the highest price paid on June 3, 2024 at US$27.41 and the lowest price on September 29, 2022 at US$14.88.
Source · Based on the filing body and exhibits
Combined Cumulative Repurchase Spending for Class A and Class B
The company said it has bought approximately US$530,079,381.70 of Class A and Class B shares combined under its US$1 billion authorization, 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.
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