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AI English summary of an SEC filing — figures as filed

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The company said it may repurchase up to US$1 billion in the aggregate of its Class A and Class B common stock combined. It said it intends to repurchase shares from time to time in the open market or otherwise, subject to market conditions and other factors.

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

Key points

AI summary
  1. The company said it may repurchase up to US$1 billion in the aggregate of its Class A and Class B common stock combined. It said it intends to repurchase shares from time to time in the open market or otherwise, subject to market conditions and other factors.

  2. In its ASX daily notification, News Corp said it bought 14,638 shares for US$400,350.76 on September 4, 2024, the last day on which it made purchases. The highest price paid that day was US$27.59 and the lowest was US$26.96. The notification was dated September 6, 2024.

  3. In its ASX daily notification, the company said it bought 19,344,445 Class A common shares for a total consideration of US$377,850,019.97 before the previous purchase day, September 4, 2024.

  4. The company said it has bought Class A and Class B shares worth approximately US$567,347,264.63 in total consideration to date under the 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 Share Repurchase Program US$1 billion

The company said it may repurchase up to US$1 billion in the aggregate of its Class A and Class B common stock combined. It said it intends to repurchase shares from time to time in the open market or otherwise, subject to market conditions and other factors.

Source · Based on the filing body and exhibits

Class A Purchases on Previous Day (September 4, 2024)

In its ASX daily notification, News Corp said it bought 14,638 shares for US$400,350.76 on September 4, 2024, the last day on which it made purchases. The highest price paid that day was US$27.59 and the lowest was US$26.96. The notification was dated September 6, 2024.

Source · Based on the filing body and exhibits

Cumulative Class A Purchases and Consideration Before Previous Day

In its ASX daily notification, the company said it bought 19,344,445 Class A common shares for a total consideration of US$377,850,019.97 before the previous purchase day, September 4, 2024.

Source · Based on the filing body and exhibits

Total Cumulative Program Purchases

The company said it has bought Class A and Class B shares worth approximately US$567,347,264.63 in total consideration to date under the 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.