News Corp said it is running a repurchase program for up to $1 billion in the aggregate of its Class A and Class B common stock, and that it intends to repurchase shares from time to time, depending on market conditions and the stock price.

8-KOther EventsFiled Jun 21, 2024Period of report Jun 20, 2024Summary published (UTC) Oct 26, 2026

Key points

AI summary

News Corp said it is running a repurchase program for up to $1 billion in the aggregate of its Class A and Class B common stock, and that it intends to repurchase shares from time to time, depending on market conditions and the stock price.
The company said its daily ASX disclosures show it had bought back 18,585,654 Class A shares for a total of US$356,989,599.49 before June 20, 2024, and bought back 15,304 shares for US$412,859.07 on June 20.
The company said the highest price paid for Class A shares was US$27.91 on June 6, 2024, the lowest was US$14.88 on September 29, 2022, and purchase prices on June 20 ranged from US$26.85 to US$27.21.
The company said cumulative purchases under the program, covering Class A and Class B shares combined, totaled about US$536,066,145.37 based on total consideration paid, and the authorized limit is US$1 billion.

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.

Up to $1 billion Share Repurchase Program

News Corp said it is running a repurchase program for up to $1 billion in the aggregate of its Class A and Class B common stock, and that it intends to repurchase shares from time to time, depending on market conditions and the stock price.

Source · Based on the filing body and exhibits

Class A Cumulative Purchases $356,989,599.49

The company said its daily ASX disclosures show it had bought back 18,585,654 Class A shares for a total of US$356,989,599.49 before June 20, 2024, and bought back 15,304 shares for US$412,859.07 on June 20.

Source · Based on the filing body and exhibits

Class A High and Low Prices and June 20 Prices

The company said the highest price paid for Class A shares was US$27.91 on June 6, 2024, the lowest was US$14.88 on September 29, 2022, and purchase prices on June 20 ranged from US$26.85 to US$27.21.

Source · Based on the filing body and exhibits

Cumulative Program Purchases of About $536,066,145.37

The company said cumulative purchases under the program, covering Class A and Class B shares combined, totaled about US$536,066,145.37 based on total consideration paid, and the authorized limit is US$1 billion.

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

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