The company said it has a repurchase program under which it may acquire up to US$1 billion in the aggregate of Class A common stock and Class B common stock. The company said the program does not involve repurchasing ASX-listed CDIs.

1. 01

   The company said it has a repurchase program under which it may acquire up to US$1 billion in the aggregate of Class A common stock and Class B common stock. The company said the program does not involve repurchasing ASX-listed CDIs.

2. 02

   News Corp said in its daily notice to the ASX that it repurchased 12,376 shares of Class A common stock on August 1, 2024 for a total of US$337,530.65. It said it had repurchased 19,006,788 shares for a total of US$368,623,931.24 before the previous day.

3. 03

   The company said in this notice that the highest price paid for purchases on August 1, 2024 was US$27.79, and the lowest price was US$26.97. It said the highest price paid for purchases before the previous day was US$28.61 on July 16, 2024, and the lowest price was US$14.88 on September 29, 2022.

4. 04

   The company said it has repurchased about US$553,303,446.60 of Class A and Class B shares to date, based on total consideration paid, and that its authorization limit is US$1 billion. The company gave its reason for the repurchases as "To enhance shareholder value."

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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