AI English summary of an SEC filing — figures as filed
The company said it is authorized to acquire from time to time up to US$1 billion in the aggregate of its Class A common stock and Class B common stock. It said no ASX-listed CDIs will be repurchased under the program.
Key points
AI summaryThe company said it is authorized to acquire from time to time up to US$1 billion in the aggregate of its Class A common stock and Class B common stock. It said no ASX-listed CDIs will be repurchased under the program.
The company said it bought back 15,437 shares for a total of US$403,686.81 on 13/09/2024, the prior trading day, as stated in its Appendix 3C filed with the ASX. It cited the lowest price paid that day as US$26.05.
News Corp disclosed that it bought back 19,453,301 shares for a total of US$380,738,929.36 in the period before 13/09/2024. The highest price paid in that period was US$28.61 on 16/07/2024, and the lowest was US$14.88 on 29/09/2022.
News Corp said it has bought back Class A and Class B shares with total consideration of about US$571,756,286.31 to date, out of the US$1 billion authorization. The company listed the reason for the buy-back as "To enhance shareholder value."
Summary
AI-writtenAnalysis 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 is authorized to acquire from time to time up to US$1 billion in the aggregate of its Class A common stock and Class B common stock. It said no ASX-listed CDIs will be repurchased under the program.
Source · Based on the filing body and exhibits
Daily Buy-Back Details for 09/13/2024
The company said it bought back 15,437 shares for a total of US$403,686.81 on 13/09/2024, the prior trading day, as stated in its Appendix 3C filed with the ASX. It cited the lowest price paid that day as US$26.05.
Source · Based on the filing body and exhibits
Cumulative Repurchases Before the Prior Day
News Corp disclosed that it bought back 19,453,301 shares for a total of US$380,738,929.36 in the period before 13/09/2024. The highest price paid in that period was US$28.61 on 16/07/2024, and the lowest was US$14.88 on 29/09/2022.
Source · Based on the filing body and exhibits
Amount Used of the US$1 billion Authorization
News Corp said it has bought back Class A and Class B shares with total consideration of about US$571,756,286.31 to date, out of the US$1 billion authorization. The company listed the reason for the buy-back as "To enhance shareholder value."
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.
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