News Corp said it runs a buyback program that allows it to repurchase up to US$1 billion in total of its Class A and Class B common stock. The company said it intends to repurchase shares from time to time in the open market or otherwise, depending on market conditions and the stock price.

1. 01

   News Corp said it runs a buyback program that allows it to repurchase up to US$1 billion in total of its Class A and Class B common stock. The company said it intends to repurchase shares from time to time in the open market or otherwise, depending on market conditions and the stock price.

2. 02

   The company said it has bought back Class A and Class B shares worth about US$560,628,633.91 to date, based on total consideration paid, as disclosed in its filing with the ASX.

3. 03

   The company said it repurchased 14,638 Class A common shares on 19/08/2024, the previous day, for a total consideration of US$405,452.11. It said its cumulative repurchases before that day were 19,185,426 shares, for US$373,420,662.34.

4. 04

   The company said the total number of Class A common stock on issue in the class subject to the buy-back is 376,215,816. The price paid on the previous day ranged from US$27.41 to US$27.79. The highest price paid before that was US$28.61 on 16/07/2024, and the lowest price was US$14.88 on 29/09/2022.

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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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