AI English summary of an SEC filing — figures as filed
News Corp NWSNews Corp said its Repurchase Program authorizes it to buy back up to US$1 billion in the aggregate of Class A and Class B common stock.
Key points
AI summaryNews Corp said its Repurchase Program authorizes it to buy back up to US$1 billion in the aggregate of Class A and Class B common stock.
The company said it has bought back Class A and Class B shares for approximately US$548,023,404.83 in total consideration paid to date.
News Corp told the ASX that on July 19, 2024, the previous day, it bought back 14,506 shares for a total of US$398,823.61, with the lowest price paid per share at US$27.24.
News Corp said that under the rules of the Australian Securities Exchange (ASX), it is required to disclose its buy-back transactions to the ASX daily, and 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 Buy-Back Program
News Corp said its Repurchase Program authorizes it to buy back up to US$1 billion in the aggregate of Class A and Class B common stock.
Source · Based on the filing body and exhibits
Cumulative Buybacks Total About US$548,023,404.83
The company said it has bought back Class A and Class B shares for approximately US$548,023,404.83 in total consideration paid to date.
Source · Based on the filing body and exhibits
Daily Buy-Back Details for July 19, 2024
News Corp told the ASX that on July 19, 2024, the previous day, it bought back 14,506 shares for a total of US$398,823.61, with the lowest price paid per share at US$27.24.
Source · Based on the filing body and exhibits
ASX Buy-Back Notices and CDI Exclusion
News Corp said that under the rules of the Australian Securities Exchange (ASX), it is required to disclose its buy-back transactions to the ASX daily, and 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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