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AI English summary of an SEC filing — figures as filed

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

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

Key points

AI summary
  1. News Corp said it operates a stock repurchase program (the Repurchase Program) under which it is authorized to acquire up to $1 billion in the aggregate of its Class A and Class B common stock combined.

  2. The company reported in its Appendix 3C filed with the ASX that it bought 14,397 Class A common shares for a total of US$395,865.67 on August 16, 2024, the previous trading day. It reported this separately from cumulative purchases through the day before.

  3. The company said in its ASX disclosure that, before August 16, 2024, its cumulative repurchases totaled 19,171,029 shares, with total consideration of US$373,024,796.67.

  4. The company said it has bought approximately US$560,011,663.45 of Class A and Class B shares to date under its US$1 billion authorization (based on total consideration paid).

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 Repurchase Program Authorization Limit

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

Source · Based on the filing body and exhibits

Daily Share Repurchases and Amounts for 2024-08-16

The company reported in its Appendix 3C filed with the ASX that it bought 14,397 Class A common shares for a total of US$395,865.67 on August 16, 2024, the previous trading day. It reported this separately from cumulative purchases through the day before.

Source · Based on the filing body and exhibits

Cumulative Repurchases and Consideration Before 2024-08-16

The company said in its ASX disclosure that, before August 16, 2024, its cumulative repurchases totaled 19,171,029 shares, with total consideration of US$373,024,796.67.

Source · Based on the filing body and exhibits

Cumulative Program Purchases to Date

The company said it has bought approximately US$560,011,663.45 of Class A and Class B shares to date under its US$1 billion authorization (based on total consideration paid).

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.