News Corp said it operates a stock repurchase program authorized to acquire up to $1 billion in the aggregate of its Class A common stock and Class B common stock combined. The company said it intends to make purchases from time to time, taking market conditions and its share price into account.

1. 01

   News Corp said it operates a stock repurchase program authorized to acquire up to $1 billion in the aggregate of its Class A common stock and Class B common stock combined. The company said it intends to make purchases from time to time, taking market conditions and its share price into account.

2. 02

   The company said that in its ASX daily buy-back notice 3C dated July 31, 2024, it repurchased 14,506 shares for US$398,144.73 on July 30, 2024, the previous trading day. The notice covers Class A common stock.

3. 03

   The company said it has repurchased Class A and Class B shares for approximately US$552,192,552.85 in total consideration paid, out of the $1 billion it is authorized to repurchase. The amount is the cumulative amount spent as of the notice date.

4. 04

   News Corp said the program has no set purchase price, that BofA Securities, Inc. is the broker, and that no ASX-listed CDIs will be repurchased. The company said the reason for the buy-back is to enhance shareholder value. The highest price paid is US$28.61 and the lowest price paid is US$14.88, it said.

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Original filing

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