News Corp said it has a stock repurchase program, the Repurchase Program, under which it may acquire up to $1 billion in aggregate of its Class A and Class B common stock from time to time. The company said it intends to make the purchases in the open market or otherwise, depending on market conditions and the market price of its stock.

1. 01

   News Corp said it has a stock repurchase program, the Repurchase Program, under which it may acquire up to $1 billion in aggregate of its Class A and Class B common stock from time to time. The company said it intends to make the purchases in the open market or otherwise, depending on market conditions and the market price of its stock.

2. 02

   The company said it submitted a daily buy-back notification for its Class A common stock (ASX security code NWSAA) to the ASX on August 9, 2024, and that the previous trading day was August 8, 2024. The company also stated that no ASX-listed CDIs will be repurchased under this program.

3. 03

   The company said it repurchased 15,304 shares for a total of US$409,007.05 on August 8, 2024. On the same day, the highest purchase price was US$26.93 and the lowest was US$26.14.

4. 04

   The company said it has repurchased Class A and Class B shares worth approximately US$556,383,887.96 in total consideration paid, against its authorization of $1 billion.

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.