News Corp said it is authorized to acquire up to $1 billion in the aggregate of its Class A common stock and Class B common stock. The company said it intends to repurchase shares from time to time in the open market or otherwise, subject to market conditions and the market price of its stock.

1. 01

   News Corp said it is authorized to acquire up to $1 billion in the aggregate of its Class A common stock and Class B common stock. The company said it intends to repurchase shares from time to time in the open market or otherwise, subject to market conditions and the market price of its stock.

2. 02

   The company said it has purchased approximately US$547,429,177.07 of Class A and Class B shares, based on total consideration paid, against the US$1 billion authorization.

3. 03

   It disclosed in its daily Class A buy-back notification that it bought 18,862,123 shares (US$364,626,624.05) before the previous day and 14,506 shares (US$404,459.19) on July 18, 2024.

4. 04

   The company said it had 375,021,845 Class A shares on issue. The highest price paid before the previous day was US$28.61 and the lowest was US$14.88, while the price paid on the previous day ranged from US$27.69 to US$28.12.

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.

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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