News Corp said the repurchase program covers up to $1 billion in the aggregate of its Class A and Class B common stock. The company said it will not repurchase any ASX-listed CDIs under the program.

8-KOther EventsFiled Sep 17, 2024Period of report Sep 16, 2024Summary published (UTC) Oct 25, 2026

Key points

AI summary

News Corp said the repurchase program covers up to $1 billion in the aggregate of its Class A and Class B common stock. The company said it will not repurchase any ASX-listed CDIs under the program.
The company said in its ASX daily buy-back notice that on 2024-09-16 it repurchased 15,957 shares of Class A common stock for US$415,193.16. The prices in the same notice ranged from US$25.88 to US$26.18.
The company said its ASX notice showed cumulative repurchases of 19,468,738 shares of Class A common stock before 2024-09-16, for total consideration of US$381,142,616.17. In that period, the highest price paid was US$28.61 on 2024-07-16, and the lowest was US$14.88 on 2022-09-29.
News Corp said it had bought back Class A and Class B shares worth approximately US$572,383,115.93 in total, out of the maximum US$1 billion authorized. The amount is based on total consideration paid.

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.

$1 billion Buy-Back Program Scope

News Corp said the repurchase program covers up to $1 billion in the aggregate of its Class A and Class B common stock. The company said it will not repurchase any ASX-listed CDIs under the program.

Source · Based on the filing body and exhibits

Class A Daily Repurchases on 2024-09-16

The company said in its ASX daily buy-back notice that on 2024-09-16 it repurchased 15,957 shares of Class A common stock for US$415,193.16. The prices in the same notice ranged from US$25.88 to US$26.18.

Source · Based on the filing body and exhibits

Cumulative Repurchases and Amounts Before 2024-09-16

The company said its ASX notice showed cumulative repurchases of 19,468,738 shares of Class A common stock before 2024-09-16, for total consideration of US$381,142,616.17. In that period, the highest price paid was US$28.61 on 2024-07-16, and the lowest was US$14.88 on 2022-09-29.

Source · Based on the filing body and exhibits

Cumulative Program Utilization

News Corp said it had bought back Class A and Class B shares worth approximately US$572,383,115.93 in total, out of the maximum US$1 billion authorized. The amount is based on total consideration paid.

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.

View the original filing on SEC EDGAR ↗

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