News Corp said it has a stock repurchase program under which it may buy up to US$1 billion in the aggregate of its Class A and Class B common stock.

8-KOther EventsFiled Aug 21, 2024Period of report Aug 20, 2024Summary published (UTC) Oct 25, 2026

Key points

AI summary

News Corp said it has a stock repurchase program under which it may buy up to US$1 billion in the aggregate of its Class A and Class B common stock.
In a daily notice filed with the ASX, the company said it repurchased 14,638 shares on August 20, 2024 for a total of US$401,669.65. The highest price paid that day was US$27.91, and the lowest was US$27.25.
In its ASX daily notice, the company said it had bought back 19,200,064 securities before August 20, 2024, with total consideration paid or payable of US$373,826,114.45.
The company said it has repurchased about US$561,240,444.49 of Class A and Class B shares to date, based on total consideration paid. The daily notice shows the highest price paid before the previous day was US$28.61 on July 16, 2024, and the lowest was US$14.88 on September 29, 2022.

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.

US$1 billion Stock Repurchase Program

News Corp said it has a stock repurchase program under which it may buy up to US$1 billion in the aggregate of its Class A and Class B common stock.

Source · Based on the filing body and exhibits

Daily Repurchase Activity for August 20, 2024

In a daily notice filed with the ASX, the company said it repurchased 14,638 shares on August 20, 2024 for a total of US$401,669.65. The highest price paid that day was US$27.91, and the lowest was US$27.25.

Source · Based on the filing body and exhibits

Shares Bought Back Before Previous Day and Consideration

In its ASX daily notice, the company said it had bought back 19,200,064 securities before August 20, 2024, with total consideration paid or payable of US$373,826,114.45.

Source · Based on the filing body and exhibits

Cumulative Repurchase Amount and Price Range

The company said it has repurchased about US$561,240,444.49 of Class A and Class B shares to date, based on total consideration paid. The daily notice shows the highest price paid before the previous day was US$28.61 on July 16, 2024, and the lowest was US$14.88 on September 29, 2022.

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.

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