News Corp said its stock repurchase program (the Repurchase Program) allows it to acquire up to $1 billion in the aggregate of its Class A and Class B common stock.

8-KOther EventsFiled Oct 24, 2024Period of report Oct 23, 2024Summary published (UTC) Oct 25, 2026

Key points

AI summary

News Corp said its stock repurchase program (the Repurchase Program) allows it to acquire up to $1 billion in the aggregate of its Class A and Class B common stock.
The company said it repurchased 16,235 shares of Class A common stock for a total of US$421,967.13 on October 23, 2024, the last trading day before this report, with a highest price paid of US$26.19 and a lowest price paid of US$25.80.
The company said it had repurchased 19,889,912 shares for a total of US$392,213,794.77 before October 23, 2024. It said the highest price previously paid was US$28.61 on July 16, 2024, and the lowest was US$14.88 on September 29, 2022.
News Corp said it had purchased approximately US$589,324,104.81 of Class A and Class B shares to date, based on total consideration paid. It also said the total number of Class A shares on issue, which are subject to the buy-back, is 375,658,128.

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 Overview

News Corp said its stock repurchase program (the Repurchase Program) allows it 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

Class A Common Stock Repurchases on October 23

The company said it repurchased 16,235 shares of Class A common stock for a total of US$421,967.13 on October 23, 2024, the last trading day before this report, with a highest price paid of US$26.19 and a lowest price paid of US$25.80.

Source · Based on the filing body and exhibits

Cumulative Repurchases Before the Day

The company said it had repurchased 19,889,912 shares for a total of US$392,213,794.77 before October 23, 2024. It said the highest price previously paid was US$28.61 on July 16, 2024, and the lowest was US$14.88 on September 29, 2022.

Source · Based on the filing body and exhibits

Cumulative Repurchase Amount and Shares Outstanding

News Corp said it had purchased approximately US$589,324,104.81 of Class A and Class B shares to date, based on total consideration paid. It also said the total number of Class A shares on issue, which are subject to the buy-back, is 375,658,128.

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.

View the original filing on SEC EDGAR ↗

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