AI English summary of an SEC filing — figures as filed
News Corp NWSNews Corp said its repurchase program allows it to buy back up to $1 billion in the aggregate of Class A common stock and Class B common stock.
Key points
AI summaryNews Corp said its repurchase program allows it to buy back up to $1 billion in the aggregate of Class A common stock and Class B common stock.
The company reported that on 2024-07-02 it bought 14,506 shares of Class A common stock for a total of US$397,358.51, and that its cumulative purchases before that date were 18,703,308 shares for a total of US$360,218,097.88.
The company said the highest price paid for Class A shares was US$27.94 on 2024-06-26 and the lowest was US$14.88 on 2022-09-29. It said the prices paid on 2024-07-02 ranged from US$27.15 to US$27.58.
News Corp said it has bought approximately US$540,853,004.08 of Class A and Class B shares since the program began, based on total consideration paid, and the approval limit is US$1 billion. It also said that no ASX-listed CDIs will be repurchased under this program.
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 Share Repurchase Program
News Corp said its repurchase program allows it to buy back up to $1 billion in the aggregate of Class A common stock and Class B common stock.
Source · Based on the filing body and exhibits
Daily Class A Share Repurchase Details
The company reported that on 2024-07-02 it bought 14,506 shares of Class A common stock for a total of US$397,358.51, and that its cumulative purchases before that date were 18,703,308 shares for a total of US$360,218,097.88.
Source · Based on the filing body and exhibits
Price Range of Repurchases
The company said the highest price paid for Class A shares was US$27.94 on 2024-06-26 and the lowest was US$14.88 on 2022-09-29. It said the prices paid on 2024-07-02 ranged from US$27.15 to US$27.58.
Source · Based on the filing body and exhibits
Cumulative Repurchases and Program Nature
News Corp said it has bought approximately US$540,853,004.08 of Class A and Class B shares since the program began, based on total consideration paid, and the approval limit is US$1 billion. It also said that no ASX-listed CDIs will be repurchased under this program.
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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