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AI English summary of an SEC filing — figures as filed

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News Corp said it is authorized to repurchase up to US$1 billion in the aggregate of its Class A and Class B common stock and intends to repurchase shares from time to time, including through open-market purchases or otherwise.

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

Key points

AI summary
  1. News Corp said it is authorized to repurchase up to US$1 billion in the aggregate of its Class A and Class B common stock and intends to repurchase shares from time to time, including through open-market purchases or otherwise.

  2. The company said that in Appendix 3C filed with the ASX, its cumulative Class A common stock repurchases through the day before the previous day totaled 19,314,812 shares, with total consideration of US$377,030,463.89.

  3. The company reported that on August 30, 2024, it repurchased 14,196 shares for a total of US$399,231.27. It said the highest price paid that day was US$28.28 and the lowest was US$27.96.

  4. The company said it has purchased approximately US$566,097,437.06 of Class A and Class B shares to date, based on total consideration paid, out of its US$1 billion authorization.

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.

News Corp repurchase program overview: US$1 billion

News Corp said it is authorized to repurchase up to US$1 billion in the aggregate of its Class A and Class B common stock and intends to repurchase shares from time to time, including through open-market purchases or otherwise.

Source · Based on the filing body and exhibits

Class A common stock repurchases and consideration through prior day

The company said that in Appendix 3C filed with the ASX, its cumulative Class A common stock repurchases through the day before the previous day totaled 19,314,812 shares, with total consideration of US$377,030,463.89.

Source · Based on the filing body and exhibits

Daily repurchase activity for August 30, 2024

The company reported that on August 30, 2024, it repurchased 14,196 shares for a total of US$399,231.27. It said the highest price paid that day was US$28.28 and the lowest was US$27.96.

Source · Based on the filing body and exhibits

Cumulative Class A and Class B repurchases

The company said it has purchased approximately US$566,097,437.06 of Class A and Class B shares to date, based on total consideration paid, out of its US$1 billion authorization.

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.