News Corp said its stock repurchase program authorizes the company to buy back up to $1 billion in total of Class A common stock and Class B common stock combined.

8-KOther EventsFiled Aug 8, 2024Period of report Aug 7, 2024Summary published (UTC) Oct 25, 2026

Key points

AI summary

News Corp said its stock repurchase program authorizes the company to buy back up to $1 billion in total of Class A common stock and Class B common stock combined.
The company said it bought back 16,051 shares of Class A common stock for a total of US$420,671.03 on August 7, 2024. It said cumulative repurchases before that day were 19,066,748 shares, worth US$370,193,597.20.
The company said its lowest and highest prices paid for shares on August 7, 2024 were US$25.93 and US$26.47. It also said total repurchases of Class A and Class B shares to date amount to about US$555,772,609.19.
The company said it intends to repurchase Class A and Class B common stock from time to time in the open market or otherwise, subject to market conditions and the market price of its stock. It said no ASX-listed CDIs will be repurchased under the program.

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 Stock Repurchase Program Approved

News Corp said its stock repurchase program authorizes the company to buy back up to $1 billion in total of Class A common stock and Class B common stock combined.

Source · Based on the filing body and exhibits

Daily Class A Common Stock Repurchase Details

The company said it bought back 16,051 shares of Class A common stock for a total of US$420,671.03 on August 7, 2024. It said cumulative repurchases before that day were 19,066,748 shares, worth US$370,193,597.20.

Source · Based on the filing body and exhibits

Repurchase Price Range and Cumulative Amount

The company said its lowest and highest prices paid for shares on August 7, 2024 were US$25.93 and US$26.47. It also said total repurchases of Class A and Class B shares to date amount to about US$555,772,609.19.

Source · Based on the filing body and exhibits

Repurchase Method and Exclusion of ASX-Listed CDIs

The company said it intends to repurchase Class A and Class B common stock from time to time in the open market or otherwise, subject to market conditions and the market price of its stock. It said no ASX-listed CDIs will be repurchased under the program.

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 ↗

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