News Corp said its repurchase program authorizes it to buy back up to $1 billion in the aggregate of Class A and Class B common stock.

8-KOther EventsFiled Sep 19, 2024Period of report Sep 18, 2024Summary published (UTC) Oct 25, 2026

Key points

AI summary

News Corp said its repurchase program authorizes it to buy back up to $1 billion in the aggregate of Class A and Class B common stock.
The company said that on September 18, 2024, it bought back 15,437 Class A shares for US$410,014.44, with a daily high price of US$26.84 and a low price of US$26.37.
The company said it bought back 19,500,132 shares for a total of US$381,964,705.50 before September 18, 2024, and has spent about US$573,631,388.50 on Class A and Class B shares to date.
News Corp said it intends to repurchase its Nasdaq-listed Class A and Class B shares from time to time, in the open market or otherwise, through BofA Securities, Inc. as broker, and that the purpose is to enhance shareholder value. It said there are 375,945,816 Class A shares on issue.

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 Stock Repurchase Program: US$1 billion

News Corp said its repurchase program authorizes it to buy back up to $1 billion in the aggregate of Class A and Class B common stock.

Source · Based on the filing body and exhibits

Class A Daily Buy-Back Activity for September 18, 2024

The company said that on September 18, 2024, it bought back 15,437 Class A shares for US$410,014.44, with a daily high price of US$26.84 and a low price of US$26.37.

Source · Based on the filing body and exhibits

Prior Cumulative Purchases and Cumulative Program Spending

The company said it bought back 19,500,132 shares for a total of US$381,964,705.50 before September 18, 2024, and has spent about US$573,631,388.50 on Class A and Class B shares to date.

Source · Based on the filing body and exhibits

Purchase Method, Broker, Purpose and Shares Outstanding

News Corp said it intends to repurchase its Nasdaq-listed Class A and Class B shares from time to time, in the open market or otherwise, through BofA Securities, Inc. as broker, and that the purpose is to enhance shareholder value. It said there are 375,945,816 Class A shares on issue.

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

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