The company said it has a stock repurchase program (the Repurchase Program) under which it is authorized to acquire up to $1 billion in aggregate of its Class A common stock and Class B common stock.

1. 01

   The company said it has a stock repurchase program (the Repurchase Program) under which it is authorized to acquire up to $1 billion in aggregate of its Class A common stock and Class B common stock.

2. 02

   News Corp said it filed a daily buy-back notice for its Class A common stock with the Australian Securities Exchange (ASX) for 15/08/2024. It said the prior day's purchases, on 14/08/2024, totaled 14,638 shares for a total consideration of US$401,589.14.

3. 03

   The company said the notice showed Class A securities bought back or for which acceptances were received before the prior day totaling 19,141,753 shares, with total consideration paid or payable of US$372,221,296.36.

4. 04

   The company said it had bought back approximately US$558,794,402.05 of Class A and Class B shares under the program to date, based on total consideration paid. It cited the reason for the buy-back 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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