The company said it is authorized to repurchase up to US$1 billion in the aggregate of its Class A and Class B common stock from time to time. The company said it will not repurchase any ASX-listed CDIs under the program.

8-KOther EventsFiled Jul 30, 2024Period of report Jul 29, 2024Summary published (UTC) Oct 25, 2026

Key points

AI summary

The company said it is authorized to repurchase up to US$1 billion in the aggregate of its Class A and Class B common stock from time to time. The company said it will not repurchase any ASX-listed CDIs under the program.
The company said it has repurchased about US$551,598,830.28 of Class A and Class B shares to date, out of the US$1 billion authorization. The amount is based on total consideration paid.
The company told the ASX that on July 29, 2024, it repurchased a total of 14,506 Class A shares for US$401,775.58. Cumulative purchases through the prior day were 18,963,270 shares for US$367,423,205.79.
The company said the highest price paid for Class A shares on July 29, 2024 was US$27.79, and the lowest price was US$27.60. The highest price paid through the prior day was US$28.61 (2024-07-16), and the lowest was US$14.88 (2022-09-29).

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 US$1 billion Share Repurchase Program

The company said it is authorized to repurchase up to US$1 billion in the aggregate of its Class A and Class B common stock from time to time. The company said it will not repurchase any ASX-listed CDIs under the program.

Source · Based on the filing body and exhibits

Cumulative buybacks reach about US$551,598,830.28

The company said it has repurchased about US$551,598,830.28 of Class A and Class B shares to date, out of the US$1 billion authorization. The amount is based on total consideration paid.

Source · Based on the filing body and exhibits

Class A Daily Repurchases, 2024-07-29

The company told the ASX that on July 29, 2024, it repurchased a total of 14,506 Class A shares for US$401,775.58. Cumulative purchases through the prior day were 18,963,270 shares for US$367,423,205.79.

Source · Based on the filing body and exhibits

Class A Repurchase Price Range

The company said the highest price paid for Class A shares on July 29, 2024 was US$27.79, and the lowest price was US$27.60. The highest price paid through the prior day was US$28.61 (2024-07-16), and the lowest was US$14.88 (2022-09-29).

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.

View the original filing on SEC EDGAR ↗

Unauthorized scraping, data storage and database creation prohibited

Without prior written consent, you must not crawl or scrape data compiled and organized by Chickstock or its analysis and summaries, or collect them repeatedly or in bulk for storage, ingestion or database creation. Repurposing, redistribution, sale and use to build other services are also prohibited.

Unauthorized use may result in access restrictions, demands to stop infringement and delete copies, and claims for damages. Violations of applicable law may also give rise to criminal liability.

Uses permitted by law, the Terms of Service or a separate agreement remain subject to their respective scope. Rights in individual source materials, including original filings, remain with their respective rights holders.