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AI English summary of an SEC filing — figures as filed

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News Corp said the company is authorized under its Repurchase Program to buy back up to US$1 billion in the aggregate of its Class A and Class B common stock from time to time.

8-KOther EventsFiled Period of report Summary published (UTC)

Key points

AI summary
  1. News Corp said the company is authorized under its Repurchase Program to buy back up to US$1 billion in the aggregate of its Class A and Class B common stock from time to time.

  2. The company said it had bought back about US$534,849,049.28 of Class A and Class B shares to date, based on total consideration paid.

  3. News Corp notified the ASX that it bought back 15,304 shares of Class A common stock on June 17, 2024, the previous trading day, for total consideration of US$412,217.83. The highest price paid that day was US$27.06, and the lowest was US$26.80.

  4. The company said it bought back 18,555,505 shares of Class A common stock for total consideration of US$356,176,124.28 before June 17, 2024. It also said no ASX-listed CDIs would 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.

US$1 billion Share Buyback Program Authorization Limit

News Corp said the company is authorized under its Repurchase Program to buy back up to US$1 billion in the aggregate of its Class A and Class B common stock from time to time.

Source · Based on the filing body and exhibits

Cumulative Buybacks Under Program Total About US$534,849,049.28

The company said it had bought back about US$534,849,049.28 of Class A and Class B shares to date, based on total consideration paid.

Source · Based on the filing body and exhibits

2024-06-17 Class A Buybacks of 15,304 Shares for the Day

News Corp notified the ASX that it bought back 15,304 shares of Class A common stock on June 17, 2024, the previous trading day, for total consideration of US$412,217.83. The highest price paid that day was US$27.06, and the lowest was US$26.80.

Source · Based on the filing body and exhibits

Prior-Day Cumulative Buybacks and Method

The company said it bought back 18,555,505 shares of Class A common stock for total consideration of US$356,176,124.28 before June 17, 2024. It also said no ASX-listed CDIs would 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.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.