News Corp said it is authorized under its Repurchase Program to buy back up to $1 billion in the aggregate of its Class A and Class B common stock from time to time.

8-KOther EventsFiled Aug 16, 2024Period of report Aug 15, 2024Summary published (UTC) Oct 25, 2026

Key points

AI summary

News Corp said it is authorized under its Repurchase Program to buy back up to $1 billion in the aggregate of its Class A and Class B common stock from time to time.
The company said it had bought back Class A and Class B shares with a total consideration of about US$559,405,816.60. The authorization limit is US$1 billion in the aggregate.
In its daily buy-back notice for Class A shares dated August 16, 2024, the company said it bought back 14,638 shares for US$401,911.17 on August 15, 2024, the previous trading day. It said cumulative purchases before that day totaled 19,156,391 shares, or US$372,622,885.50.
The company said the highest price paid for Class A shares was US$28.61 (on July 16, 2024) and the lowest was US$14.88 (on September 29, 2022). BofA Securities, Inc. is the broker, and no ASX-listed CDIs will be repurchased.

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.

$1 billion Share Buyback Program

News Corp said it is authorized under its Repurchase Program to buy back up to $1 billion in the aggregate of its Class A and Class B common stock from time to time.

Source · Based on the filing body and exhibits

Cumulative Buybacks of About US$559,405,816.60

The company said it had bought back Class A and Class B shares with a total consideration of about US$559,405,816.60. The authorization limit is US$1 billion in the aggregate.

Source · Based on the filing body and exhibits

Daily Buyback Details for August 15, 2024

In its daily buy-back notice for Class A shares dated August 16, 2024, the company said it bought back 14,638 shares for US$401,911.17 on August 15, 2024, the previous trading day. It said cumulative purchases before that day totaled 19,156,391 shares, or US$372,622,885.50.

Source · Based on the filing body and exhibits

Price Range and Buyback Method

The company said the highest price paid for Class A shares was US$28.61 (on July 16, 2024) and the lowest was US$14.88 (on September 29, 2022). BofA Securities, Inc. is the broker, and no ASX-listed CDIs will be repurchased.

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 ↗

Unauthorized scraping, data storage and database creation prohibited

Without prior written consent, you must not crawl or scrape data compiled and organized by Chickstock or its analysis and summaries, or collect them repeatedly or in bulk for storage, ingestion or database creation. Repurposing, redistribution, sale and use to build other services are also prohibited.

Unauthorized use may result in access restrictions, demands to stop infringement and delete copies, and claims for damages. Violations of applicable law may also give rise to criminal liability.

Uses permitted by law, the Terms of Service or a separate agreement remain subject to their respective scope. Rights in individual source materials, including original filings, remain with their respective rights holders.