AI English summary of an SEC filing — figures as filed
News Corp said it has a repurchase program authorizing it to buy back up to US$1 billion in the aggregate of its Class A and Class B common stock. Purchases are made from time to time, depending on market conditions and the price of its stock.
Key points
AI summaryNews Corp said it has a repurchase program authorizing it to buy back up to US$1 billion in the aggregate of its Class A and Class B common stock. Purchases are made from time to time, depending on market conditions and the price of its stock.
The company told the ASX that it repurchased 14,638 shares for a total of US$399,935.04 on November 1, 2024. On that day, the highest price paid was US$27.42 and the lowest was US$27.07.
The company said in its ASX notice that, before November 1, 2024, it had repurchased a cumulative 19,998,116 shares for a total of US$395,090,494.00.
News Corp said it has repurchased approximately US$593,707,714.51 of Class A and Class B shares to date, based on total consideration paid. The total authorized repurchase amount is US$1 billion.
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 Overview
News Corp said it has a repurchase program authorizing it to buy back up to US$1 billion in the aggregate of its Class A and Class B common stock. Purchases are made from time to time, depending on market conditions and the price of its stock.
Source · Based on the filing body and exhibits
Daily Repurchase Volume and Amount on November 1, 2024
The company told the ASX that it repurchased 14,638 shares for a total of US$399,935.04 on November 1, 2024. On that day, the highest price paid was US$27.42 and the lowest was US$27.07.
Source · Based on the filing body and exhibits
Cumulative Repurchases Before November 1
The company said in its ASX notice that, before November 1, 2024, it had repurchased a cumulative 19,998,116 shares for a total of US$395,090,494.00.
Source · Based on the filing body and exhibits
Cumulative Repurchases Against Authorized Amount
News Corp said it has repurchased approximately US$593,707,714.51 of Class A and Class B shares to date, based on total consideration paid. The total authorized repurchase amount 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.
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