News Corp said the company is authorized to acquire up to $1 billion in the aggregate of its Class A common stock and Class B common stock under the repurchase program. The company said no ASX-listed CDIs will be repurchased under the program.

1. 01

   News Corp said the company is authorized to acquire up to $1 billion in the aggregate of its Class A common stock and Class B common stock under the repurchase program. The company said no ASX-listed CDIs will be repurchased under the program.

2. 02

   The company said it repurchased 14,638 shares of Class A common stock for a total of US$410,328.02 on August 29, 2024, and that cumulative repurchases before that day totaled 19,300,174 shares for a total consideration of US$376,620,135.86.

3. 03

   The company said it has repurchased approximately US$565,494,769.86 worth of Class A and Class B shares to date, based on total consideration paid. The highest price paid was US$28.61 on July 16, 2024, and the lowest price paid was US$14.88 on September 29, 2022.

4. 04

   News Corp said it classified the program as an "Other buy-back" under ASX rules, which require daily disclosure. The company said it is buying back shares in the open market or otherwise through BofA Securities, Inc., and listed the purpose as "To enhance shareholder value."

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.

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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