Skip to content
ChickenStockChickenStock
ResearchFilings

AI English summary of an SEC filing — figures as filed

News Corp logoNews Corp NWS

News Corp said its stock repurchase program (the Repurchase Program) authorizes it to buy back up to $1 billion in the aggregate of Class A and Class B common stock.

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

Key points

AI summary
  1. News Corp said its stock repurchase program (the Repurchase Program) authorizes it to buy back up to $1 billion in the aggregate of Class A and Class B common stock.

  2. The company said it has bought back Class A and Class B shares totaling about US$539,666,133.12 based on total consideration paid, against an aggregate authorization of US$1 billion.

  3. News Corp said it bought back 14,506 shares of Class A common stock for a total of US$402,072.96 on June 28, 2024, the most recent buy-back day, with a lowest price of US$27.54 and a highest price of US$27.93.

  4. The company disclosed that it bought back 18,674,296 shares of Class A common stock for a total of US$359,416,969.22 before the previous day, with the highest price paid on June 26, 2024 at US$27.94 and the lowest price paid on September 29, 2022 at US$14.88.

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.

News Corp US$1 billion Share Repurchase Program

News Corp said its stock repurchase program (the Repurchase Program) authorizes it to buy back up to $1 billion in the aggregate of Class A and Class B common stock.

Source · Based on the filing body and exhibits

Cumulative Buy-Backs of About US$539,666,133.12

The company said it has bought back Class A and Class B shares totaling about US$539,666,133.12 based on total consideration paid, against an aggregate authorization of US$1 billion.

Source · Based on the filing body and exhibits

Buy-Back Activity for June 28, 2024 Previous Day

News Corp said it bought back 14,506 shares of Class A common stock for a total of US$402,072.96 on June 28, 2024, the most recent buy-back day, with a lowest price of US$27.54 and a highest price of US$27.93.

Source · Based on the filing body and exhibits

Cumulative Share Count and Price Range Before Previous Day

The company disclosed that it bought back 18,674,296 shares of Class A common stock for a total of US$359,416,969.22 before the previous day, with the highest price paid on June 26, 2024 at US$27.94 and the lowest price paid on September 29, 2022 at US$14.88.

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.