AI English summary of an SEC filing — figures as filed
The company said it received approval for a Repurchase Program that allows it to buy up to $1 billion in the aggregate of Class A common stock and Class B common stock. It said it intends to buy shares from time to time in the open market or otherwise, depending on market conditions and the stock price.
Key points
AI summaryThe company said it received approval for a Repurchase Program that allows it to buy up to $1 billion in the aggregate of Class A common stock and Class B common stock. It said it intends to buy shares from time to time in the open market or otherwise, depending on market conditions and the stock price.
News Corp said on ASX that it bought 15,437 Class A common shares for a total of $410,803.27 on September 24, 2024. The purchase prices on that day ranged from US$26.47 to US$26.65.
The company said it had bought 19,561,880 Class A common shares for a total of US$383,599,493.06 before September 24, 2024. During that period, the highest price was US$28.61 on July 16, 2024, and the lowest price was US$14.88 on September 29, 2022.
The company said it had bought approximately US$576,131,429.28 of Class A and Class B shares combined since the program began (based on total consideration paid). It said the number of Class A common shares outstanding in the filing was 375,868,111.
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 received approval for a Repurchase Program that allows it to buy up to $1 billion in the aggregate of Class A common stock and Class B common stock. It said it intends to buy shares from time to time in the open market or otherwise, depending on market conditions and the stock price.
Source · Based on the filing body and exhibits
Daily Class A Buy-Back Notice (2024-09-24)
News Corp said on ASX that it bought 15,437 Class A common shares for a total of $410,803.27 on September 24, 2024. The purchase prices on that day ranged from US$26.47 to US$26.65.
Source · Based on the filing body and exhibits
Cumulative Repurchases Before Previous Day
The company said it had bought 19,561,880 Class A common shares for a total of US$383,599,493.06 before September 24, 2024. During that period, the highest price was US$28.61 on July 16, 2024, and the lowest price was US$14.88 on September 29, 2022.
Source · Based on the filing body and exhibits
Cumulative Program Purchases and Shares Outstanding
The company said it had bought approximately US$576,131,429.28 of Class A and Class B shares combined since the program began (based on total consideration paid). It said the number of Class A common shares outstanding in the filing was 375,868,111.
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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