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AI English summary of an SEC filing — figures as filed

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The company said it has 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.

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

Key points

AI summary
  1. The company said it has 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.

  2. In Appendix 3C daily buy-back notification, the company said it repurchased 14,638 Class A shares for US$404,897.33 on August 21, 2024, with a highest price of US$27.78 and a lowest price of US$27.43.

  3. The company said that, cumulatively through August 21, 2024, it had bought back 19,214,702 Class A shares for US$374,227,784.10, and that the highest price during this period was US$28.61 on July 16, 2024 and the lowest was US$14.88 on September 29, 2022.

  4. News Corp said it has repurchased approximately US$561,856,666.55 of Class A and Class B shares to date, based on total consideration paid, and that the aggregate authorization limit is US$1 billion.

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 Share Repurchase Program

The company said it has 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.

Source · Based on the filing body and exhibits

Class A Daily Repurchases on August 21, 2024, 14,638 Shares

In Appendix 3C daily buy-back notification, the company said it repurchased 14,638 Class A shares for US$404,897.33 on August 21, 2024, with a highest price of US$27.78 and a lowest price of US$27.43.

Source · Based on the filing body and exhibits

Cumulative Class A Repurchases Before Previous Day, 19,214,702 Shares

The company said that, cumulatively through August 21, 2024, it had bought back 19,214,702 Class A shares for US$374,227,784.10, and that the highest price during this period 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

Approximately US$561,856,666.55 Cumulative Repurchases Under Program

News Corp said it has repurchased approximately US$561,856,666.55 of Class A and Class B shares to date, based on total consideration paid, and that the aggregate authorization limit is US$1 billion.

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.