Skip to content
ChickenStockChickenStock
ResearchFilings

AI English summary of an SEC filing — figures as filed

News Corp logoNews Corp NWS

The company said it has a repurchase program authorizing it to buy up to US$1 billion in total of Class A common stock and Class B common stock. It said it intends to repurchase shares from time to time in the open market or otherwise, depending on market conditions and the company's share price.

8-KOther EventsFiled Period of report Summary published (UTC)

Key points

AI summary
  1. The company said it has a repurchase program authorizing it to buy up to US$1 billion in total of Class A common stock and Class B common stock. It said it intends to repurchase shares from time to time in the open market or otherwise, depending on market conditions and the company's share price.

  2. The company said it has bought Class A and Class B shares totaling about US$554,521,092.98 based on total consideration paid. The total authorized amount is US$1 billion.

  3. In its ASX filing, the company said it bought 16,103 Class A common shares for a total of US$410,222.31 on Monday, August 5, 2024, the previous day. Cumulative purchases before that period were 19,034,621 shares and US$369,367,878.97.

  4. The company said purchase prices on August 5 ranged from US$25.22 to US$25.73. It said the highest price in the earlier period was US$28.61 on July 16, 2024, and the lowest was US$14.88 on September 29, 2022. The number of Class A common shares outstanding is 374,807,531.

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.

US$1 billion Share Repurchase Program Overview

The company said it has a repurchase program authorizing it to buy up to US$1 billion in total of Class A common stock and Class B common stock. It said it intends to repurchase shares from time to time in the open market or otherwise, depending on market conditions and the company's share price.

Source · Based on the filing body and exhibits

US$554,521,092.98 Cumulative Repurchases

The company said it has bought Class A and Class B shares totaling about US$554,521,092.98 based on total consideration paid. The total authorized amount is US$1 billion.

Source · Based on the filing body and exhibits

August 5, 2024 Daily Repurchase Details

In its ASX filing, the company said it bought 16,103 Class A common shares for a total of US$410,222.31 on Monday, August 5, 2024, the previous day. Cumulative purchases before that period were 19,034,621 shares and US$369,367,878.97.

Source · Based on the filing body and exhibits

Repurchase Price Range and Shares Outstanding

The company said purchase prices on August 5 ranged from US$25.22 to US$25.73. It said the highest price in the earlier period was US$28.61 on July 16, 2024, and the lowest was US$14.88 on September 29, 2022. The number of Class A common shares outstanding is 374,807,531.

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.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.