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AI English summary of an SEC filing — figures as filed

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News Corp said it operates a stock repurchase program authorizing it to buy back up to US$1 billion in the aggregate of its Class A common stock and Class B common stock.

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

Key points

AI summary
  1. News Corp said it operates a stock repurchase program authorizing it to buy back up to US$1 billion in the aggregate of its Class A common stock and Class B common stock.

  2. The company said it has bought back Class A and Class B shares for a total of about US$546,218,302.11 under the US$1 billion authorization, based on total consideration paid.

  3. The company told the ASX in a daily notification that on July 16, 2024 it repurchased 13,755 shares of Class A common stock for a total of US$390,974.87, with a highest price of US$28.61 and a lowest price of US$27.79 for the day.

  4. The company said in its ASX notice that before July 16, 2024 it had repurchased 18,833,862 shares of Class A common stock for a total of US$363,827,560.58, with a highest price of US$28.07 on July 12, 2024 and a lowest price of US$14.88 on September 29, 2022 during that period.

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 Repurchase Program of US$1 billion

News Corp said it operates a stock repurchase program authorizing it to buy back 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 Repurchases of US$546,218,302.11

The company said it has bought back Class A and Class B shares for a total of about US$546,218,302.11 under the US$1 billion authorization, based on total consideration paid.

Source · Based on the filing body and exhibits

Class A Daily Repurchases on July 16

The company told the ASX in a daily notification that on July 16, 2024 it repurchased 13,755 shares of Class A common stock for a total of US$390,974.87, with a highest price of US$28.61 and a lowest price of US$27.79 for the day.

Source · Based on the filing body and exhibits

Cumulative Class A Repurchases Before Previous Day

The company said in its ASX notice that before July 16, 2024 it had repurchased 18,833,862 shares of Class A common stock for a total of US$363,827,560.58, with a highest price of US$28.07 on July 12, 2024 and a lowest price of US$14.88 on September 29, 2022 during that period.

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.