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 buy back up to $1 billion in the aggregate of Class A common stock and Class B common stock combined.
Key points
AI summaryNews Corp said it has a stock repurchase program, the Repurchase Program, under which it is authorized to buy back up to $1 billion in the aggregate of Class A common stock and Class B common stock combined.
The company told the ASX that on June 26, 2024 it bought back 14,506 shares of Class A common stock for US$403,523.56. The highest price paid that day was US$27.94, and the lowest was US$27.72.
The company said in its ASX notice that, before the previous day, it had repurchased a total of 18,645,284 shares of Class A common stock for US$358,611,394.46. The highest price paid over this period was US$27.91, and the lowest was US$14.88.
The company said it has bought back approximately US$538,467,563.25 of Class A and Class B shares combined to date. This figure is based on total consideration paid, and the authorized limit is US$1 billion combined.
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.
Up to $1 billion Stock Repurchase Program
News Corp said it has a stock repurchase program, the Repurchase Program, under which it is authorized to buy back up to $1 billion in the aggregate of Class A common stock and Class B common stock combined.
Source · Based on the filing body and exhibits
Daily Buy-Back Notice for Class A Common Stock
The company told the ASX that on June 26, 2024 it bought back 14,506 shares of Class A common stock for US$403,523.56. The highest price paid that day was US$27.94, and the lowest was US$27.72.
Source · Based on the filing body and exhibits
Cumulative Repurchases Before Previous Day
The company said in its ASX notice that, before the previous day, it had repurchased a total of 18,645,284 shares of Class A common stock for US$358,611,394.46. The highest price paid over this period was US$27.91, and the lowest was US$14.88.
Source · Based on the filing body and exhibits
Cumulative Repurchase Amount Under Program
The company said it has bought back approximately US$538,467,563.25 of Class A and Class B shares combined to date. This figure is based on total consideration paid, and the authorized limit is US$1 billion combined.
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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