News Corp said it runs a repurchase program authorized to buy back up to US$1 billion in total of Class A common stock and Class B common stock combined. The company said it intends to repurchase from time to time, in the open market or otherwise, depending on market conditions and the stock price.

1. 01

   News Corp said it runs a repurchase program authorized to buy back up to US$1 billion in total of Class A common stock and Class B common stock combined. The company said it intends to repurchase from time to time, in the open market or otherwise, depending on market conditions and the stock price.

2. 02

   The company disclosed that it has bought approximately US$574,260,657.52 worth of Class A and Class B shares under the program to date, based on total consideration paid. The authorization limit is US$1 billion.

3. 03

   The company told the ASX that on September 19, 2024 it bought back 15,437 Class A shares for US$411,714.05. Cumulative prior purchases were 19,515,569 shares for total consideration of US$382,374,719.94.

4. 04

   News Corp said ASX rules require it to disclose program transactions daily, and that this notice is a daily buy-back notification for purchases made through BofA Securities, Inc. The company said no ASX-listed CDIs will be repurchased under the program.

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.

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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