Skip to content
ChickenStockChickenStock
ResearchFilings

AI English summary of an SEC filing — figures as filed

News Corp logoNews Corp NWS

The company said it runs a repurchase program for up to US$1 billion in the aggregate of Class A common stock and Class B common stock, and that no shareholder approval is required.

8-KOther EventsFiled Period of report Summary published (UTC)

Key points

AI summary
  1. The company said it runs a repurchase program for up to US$1 billion in the aggregate of Class A common stock and Class B common stock, and that no shareholder approval is required.

  2. The company said that in its October 14, 2024 notice, Class A purchases on October 11, 2024 the previous day totaled 16,235 shares for total consideration of US$421,468.72, with prices ranging from US$25.80 to US$26.11.

  3. The company said cumulative Class A purchases before October 11, 2024 totaled 19,765,106 shares for total consideration of US$388,936,377.22. The highest price was US$28.61 on July 16, 2024, and the lowest price was US$14.88 on September 29, 2022.

  4. The company said it had bought approximately US$584,312,657.55 of Class A and Class B shares to date, based on total consideration paid, and that the authorized limit is US$1 billion.

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 Share Repurchase Program

The company said it runs a repurchase program for up to US$1 billion in the aggregate of Class A common stock and Class B common stock, and that no shareholder approval is required.

Source · Based on the filing body and exhibits

Class A Daily Buy-Back Notice: 2024-10-11

The company said that in its October 14, 2024 notice, Class A purchases on October 11, 2024 the previous day totaled 16,235 shares for total consideration of US$421,468.72, with prices ranging from US$25.80 to US$26.11.

Source · Based on the filing body and exhibits

Cumulative Class A Purchases Before Previous Day

The company said cumulative Class A purchases before October 11, 2024 totaled 19,765,106 shares for total consideration of US$388,936,377.22. 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 Purchases Under Program

The company said it had bought approximately US$584,312,657.55 of Class A and Class B shares to date, based on total consideration paid, and that the authorized limit is US$1 billion.

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.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.