AI English summary of an SEC filing — figures as filed
News Corp NWSNews Corp said its repurchase program authorizes it to buy back Class A and Class B common stock combined, for up to US$1 billion, from time to time.
Key points
AI summaryNews Corp said its repurchase program authorizes it to buy back Class A and Class B common stock combined, for up to US$1 billion, from time to time.
The company said it has bought back approximately US$587,438,186.58 of Class A and Class B shares under the program, based on total consideration paid.
News Corp said it repurchased 15,437 shares of Class A common stock on October 18, 2024 for a total of US$407,243.50. It said cumulative repurchases before that day were 19,843,633 shares, totaling US$390,996,958.02.
The company said it is carrying out the program in the open market and other ways from time to time, with BofA Securities, Inc. as its broker. It said the lowest purchase price on October 18, 2024 was US$26.30 and the highest was US$26.50.
Summary
AI-writtenAnalysis 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
News Corp said its repurchase program authorizes it to buy back Class A and Class B common stock combined, for up to US$1 billion, from time to time.
Source · Based on the filing body and exhibits
Cumulative Buybacks of About US$587,438,186.58
The company said it has bought back approximately US$587,438,186.58 of Class A and Class B shares under the program, based on total consideration paid.
Source · Based on the filing body and exhibits
Class A Repurchases on October 18, 2024
News Corp said it repurchased 15,437 shares of Class A common stock on October 18, 2024 for a total of US$407,243.50. It said cumulative repurchases before that day were 19,843,633 shares, totaling US$390,996,958.02.
Source · Based on the filing body and exhibits
Repurchase Method and Prior-Day Price Range
The company said it is carrying out the program in the open market and other ways from time to time, with BofA Securities, Inc. as its broker. It said the lowest purchase price on October 18, 2024 was US$26.30 and the highest was US$26.50.
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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