News Corp said it is authorized to acquire up to $1 billion in Class A and Class B common stock combined. It said it intends to repurchase shares from time to time, in the open market or otherwise, depending on market conditions and the stock price, among other factors.

1. 01

   News Corp said it is authorized to acquire up to $1 billion in Class A and Class B common stock combined. It said it intends to repurchase shares from time to time, in the open market or otherwise, depending on market conditions and the stock price, among other factors.

2. 02

   The company told the ASX that on 2024-07-23, the last trading day, it repurchased 14,118 shares of Class A common stock for a total of US$395,299.76. The highest price paid that day was US$28.18, and the lowest was US$27.60.

3. 03

   The company disclosed that before the previous day it had repurchased 18,905,634 shares of Class A common stock for a total of US$365,830,847.70. The highest price paid in this period was US$28.61 on 2024-07-16, and the lowest was US$14.88 on 2022-09-29.

4. 04

   The company said it has bought back Class A and Class B shares combined for approximately US$549,212,910.26 in total consideration paid to date. This is the amount used out of the US$1 billion authorization.

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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