News Corp said it is authorized to repurchase up to $1 billion in the aggregate of its Class A common stock and Class B common stock from time to time. It said it plans to buy both classes together in the open market or otherwise, depending on market conditions and the company's stock price.

1. 01

   News Corp said it is authorized to repurchase up to $1 billion in the aggregate of its Class A common stock and Class B common stock from time to time. It said it plans to buy both classes together in the open market or otherwise, depending on market conditions and the company's stock price.

2. 02

   The company told the ASX that it bought 15,437 shares of Class A common stock for US$407,130.81 on September 26, 2024, the previous trading day. The highest price paid that day was US$26.52, and the lowest was US$26.32.

3. 03

   The company disclosed that it bought 19,592,754 shares of Class A common stock before the previous trading day, for total consideration of US$384,418,104.82. The highest price paid in that period was US$28.61 on July 16, 2024, and the lowest was US$14.88 on September 29, 2022.

4. 04

   News Corp said it has bought approximately US$577,377,326.86 worth of Class A and Class B shares to date, based on total consideration paid, against its US$1 billion authorization. The company said the purpose of the buybacks is to enhance shareholder value.

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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