The company said it is authorized to acquire up to $1 billion in the aggregate of its Class A and Class B common stock, and that it intends to repurchase shares from time to time in the open market or otherwise, subject to market conditions and the price of its stock.

1. 01

   The company said it is authorized to acquire up to $1 billion in the aggregate of its Class A and Class B common stock, and that it intends to repurchase shares from time to time in the open market or otherwise, subject to market conditions and the price of its stock.

2. 02

   News Corp told the ASX that on 2024-08-02, the last trading day, it repurchased 15,457 Class A shares for a total of US$406,417.08. The highest price paid that day was US$26.80, and the lowest was US$26.00.

3. 03

   The company said it had repurchased 19,019,164 Class A shares for a total of US$368,961,461.89 through 2024-08-02, and that across the program as a whole, Class A and Class B combined, it had bought back about US$553,908,158.80 of stock.

4. 04

   News Corp told the ASX that the total number of issued Class A shares subject to the buy-back is 374,877,931, and that BofA Securities, Inc. is the broker that will submit the buy-back orders. It also said that ASX-listed CDIs will not be repurchased under the program.

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

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.