The company said it is authorized to acquire up to US$1 billion in the aggregate of its Class A and Class B common stock, and that it intends to repurchase shares from time to time in the open market or otherwise, subject to market conditions and its share price and other factors.

1. 01

   The company said it is authorized to acquire up to US$1 billion in the aggregate of its Class A and Class B common stock, and that it intends to repurchase shares from time to time in the open market or otherwise, subject to market conditions and its share price and other factors.

2. 02

   News Corp said in its daily buy-back notice that on the previous day, October 1, 2024, it repurchased 15,437 Class A common shares for a total of US$407,891.85. The notice was dated October 2, 2024.

3. 03

   The company said it has purchased approximately US$579,254,333.49 of Class A and Class B shares to date, based on total consideration paid, out of its US$1 billion authorization.

4. 04

   The company said its reason for the buy-back is to enhance shareholder value. It said there are 375,790,926 Class A common shares on issue covered by this notice, and that no security holder approval is required for the buy-back.

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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