News Corp said its stock repurchase program, covering a combined total of up to $1 billion of Class A and Class B common stock, has been authorized. The company said it intends to repurchase shares from time to time.

1. 01

   News Corp said its stock repurchase program, covering a combined total of up to $1 billion of Class A and Class B common stock, has been authorized. The company said it intends to repurchase shares from time to time.

2. 02

   News Corp told the ASX that on June 27, 2024, it repurchased 14,506 shares of Class A common stock for a total of US$402,051.20. The highest price paid that day was US$27.88, and the lowest was US$27.65.

3. 03

   The company said that before June 27, 2024, it had repurchased 18,659,790 shares of Class A common stock for a total of US$359,014,918.02. The highest price paid in that period was US$27.94 on June 26, 2024, and the lowest was US$14.88 on September 29, 2022.

4. 04

   The company said it has repurchased approximately US$539,066,778.37 of Class A and Class B shares to date, based on total consideration paid. The total number of Class A common stock on issue subject to this notification is 375,170,268 shares, and the program's purchase limit is US$1 billion.

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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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