News Corp said it operates a stock repurchase program (the Repurchase Program) under which it may buy back up to $1 billion in the aggregate of its Class A common stock and Class B common stock. It said no shareholder approval is required.

8-KOther EventsFiled Sep 30, 2024Period of report Sep 27, 2024Summary published (UTC) Oct 25, 2026

Key points

AI summary

News Corp said it operates a stock repurchase program (the Repurchase Program) under which it may buy back up to $1 billion in the aggregate of its Class A common stock and Class B common stock. It said no shareholder approval is required.
The company said that, in its Class A common stock disclosure, it had bought back a cumulative 19,608,191 shares through September 27, 2024, for US$384,825,235.63, and 15,437 shares on September 27, for US$411,212.35.
News Corp said it has bought back Class A and Class B shares combined, for approximately US$578,006,075.55 in total consideration paid to date. The authorized limit is US$1 billion in the aggregate for Class A and Class B shares combined.
The company said the highest price it paid for Class A common stock was US$28.61 on July 16, 2024, and the lowest was US$14.88 on September 29, 2022. It said purchase prices on September 27 ranged from US$26.51 to US$26.77.

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 Stock Repurchase Program

News Corp said it operates a stock repurchase program (the Repurchase Program) under which it may buy back up to $1 billion in the aggregate of its Class A common stock and Class B common stock. It said no shareholder approval is required.

Source · Based on the filing body and exhibits

Cumulative Class A Repurchases and Purchases Through September 27, 2024

The company said that, in its Class A common stock disclosure, it had bought back a cumulative 19,608,191 shares through September 27, 2024, for US$384,825,235.63, and 15,437 shares on September 27, for US$411,212.35.

Source · Based on the filing body and exhibits

Cumulative Repurchases Against Authorized Limit

News Corp said it has bought back Class A and Class B shares combined, for approximately US$578,006,075.55 in total consideration paid to date. The authorized limit is US$1 billion in the aggregate for Class A and Class B shares combined.

Source · Based on the filing body and exhibits

Class A Repurchase Price Range

The company said the highest price it paid for Class A common stock was US$28.61 on July 16, 2024, and the lowest was US$14.88 on September 29, 2022. It said purchase prices on September 27 ranged from US$26.51 to US$26.77.

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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