The company said it has a stock repurchase program authorized to acquire up to $1 billion in the aggregate of its Class A and Class B common stock.

8-KOther EventsFiled Oct 4, 2024Period of report Oct 3, 2024Summary published (UTC) Oct 25, 2026

Key points

AI summary

The company said it has a stock repurchase program authorized to acquire up to $1 billion in the aggregate of its Class A and Class B common stock.
The company said it has purchased Class A and Class B shares totaling about US$580,504,431.39 in total consideration since the program began.
News Corp said it repurchased 16,225 Class A shares for US$421,884.07 on October 3, 2024, and that its previous cumulative total was 19,669,504 shares for US$386,447,690.76.
The company said the lowest price paid on October 3, 2024 was US$25.90 and the highest was US$26.18. It said the buy-back is for cash consideration through BofA Securities, Inc., and that it intends to repurchase shares from time to time depending on market conditions and the company's share price.

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.

US$1 billion repurchase program authorization

The company said it has a stock repurchase program authorized to acquire up to $1 billion in the aggregate of its Class A and Class B common stock.

Source · Based on the filing body and exhibits

Cumulative program repurchases of about US$580,504,431.39

The company said it has purchased Class A and Class B shares totaling about US$580,504,431.39 in total consideration since the program began.

Source · Based on the filing body and exhibits

Class A daily repurchase details for 2024-10-03

News Corp said it repurchased 16,225 Class A shares for US$421,884.07 on October 3, 2024, and that its previous cumulative total was 19,669,504 shares for US$386,447,690.76.

Source · Based on the filing body and exhibits

Previous-day buy-back prices and program terms

The company said the lowest price paid on October 3, 2024 was US$25.90 and the highest was US$26.18. It said the buy-back is for cash consideration through BofA Securities, Inc., and that it intends to repurchase shares from time to time depending on market conditions and the company's share price.

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

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