News Corp said it operates a stock repurchase program authorized to acquire up to US$1 billion in the aggregate of Class A and Class B common stock from time to time. Shares of ASX-listed CDIs will not be repurchased under the program.

1. 01

   News Corp said it operates a stock repurchase program authorized to acquire up to US$1 billion in the aggregate of Class A and Class B common stock from time to time. Shares of ASX-listed CDIs will not be repurchased under the program.

2. 02

   The company disclosed in Appendix 3C filed with the ASX that it repurchased 12,697 shares on June 11, 2024, the previous trading day, for a total of US$346,393.21. The lowest price paid on that day was US$27.12 and the highest was US$27.44.

3. 03

   The company said it repurchased 18,504,625 shares before June 11 for a total of US$354,790,517.79. The highest price paid in that period was US$27.91 on June 6, 2024, and the lowest was US$14.88 on September 29, 2022.

4. 04

   The company said it had bought back Class A and Class B shares to date for approximately US$532,677,350.47 in total consideration paid. The authorized limit is US$1 billion, and it gave "To enhance shareholder value" as the reason for the buy-back.

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.

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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