News Corp said its stock repurchase program authorizes buybacks of up to US$1 billion in total of Class A and Class B common stock combined. The company said it intends to repurchase shares from time to time in the open market, depending on market conditions and its stock price.

1. 01

   News Corp said its stock repurchase program authorizes buybacks of up to US$1 billion in total of Class A and Class B common stock combined. The company said it intends to repurchase shares from time to time in the open market, depending on market conditions and its stock price.

2. 02

   The company said it has bought about US$566,737,794.79 worth of Class A and Class B shares so far, out of the approved US$1 billion limit. The amount is based on total consideration paid.

3. 03

   The company reported that on September 3, 2024, it repurchased 15,437 Class A shares at US$420,324.81. It said cumulative purchases before that day totaled 19,329,008 shares for US$377,429,695.16.

4. 04

   The company said purchase prices on September 3, 2024 ranged from US$26.83 to US$28.13. It said the cumulative highest price was US$28.61, paid on July 16, 2024, and the lowest price was US$14.88, paid on September 29, 2022. It said it has 376,072,033 Class A shares outstanding.

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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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