AI English summary of an SEC filing — figures as filed
News Corp said it has a stock repurchase program, the Repurchase Program, under which it is authorized to acquire up to US$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 stock repurchase program, the Repurchase Program, under which it is authorized to acquire up to US$1 billion in the aggregate of its Class A common stock and Class B common stock.
The company said it has purchased Class A and Class B shares worth about US$537,866,301.58 against its US$1 billion authorization to date. It said this amount is based on total consideration paid.
News Corp disclosed that on June 25, 2024, the most recent prior trading day, it repurchased 14,506 shares for a total of US$400,343.84. On that day, the highest price paid was US$27.76 and the lowest was US$27.36.
The company said cumulative purchases before June 25, 2024 totaled 18,630,778 shares, for a total of US$358,211,050.62. For this period, the highest price paid was US$27.91 on June 6, 2024, and the lowest was US$14.88 on September 29, 2022.
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.
US$1 billion Stock Repurchase Program
News Corp said it has a stock repurchase program, the Repurchase Program, under which it is authorized to acquire up to US$1 billion in the aggregate of its Class A common stock and Class B common stock.
Source · Based on the filing body and exhibits
Cumulative Purchases of About US$537,866,301.58
The company said it has purchased Class A and Class B shares worth about US$537,866,301.58 against its US$1 billion authorization to date. It said this amount is based on total consideration paid.
Source · Based on the filing body and exhibits
Daily Repurchase Details for 2024-06-25
News Corp disclosed that on June 25, 2024, the most recent prior trading day, it repurchased 14,506 shares for a total of US$400,343.84. On that day, the highest price paid was US$27.76 and the lowest was US$27.36.
Source · Based on the filing body and exhibits
Cumulative Purchases and Highest and Lowest Prices for Prior Periods
The company said cumulative purchases before June 25, 2024 totaled 18,630,778 shares, for a total of US$358,211,050.62. For this period, the highest price paid was US$27.91 on June 6, 2024, and the lowest was US$14.88 on September 29, 2022.
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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