AI English summary of an SEC filing — figures as filed
The company said it is authorized to repurchase up to US$1 billion in the aggregate of its Class A and Class B common stock combined, and that it intends to repurchase shares from time to time, depending on market conditions and the stock price.
Key points
AI summaryThe company said it is authorized to repurchase up to US$1 billion in the aggregate of its Class A and Class B common stock combined, and that it intends to repurchase shares from time to time, depending on market conditions and the stock price.
News Corp said it repurchased 14,459 shares on November 13, 2024 for a total of US$420,532.79, with a highest purchase price of US$29.42 and a lowest purchase price of US$28.86, according to its notice to the ASX.
The company disclosed that it had repurchased a total of 20,109,141 shares for US$398,265,672.67 before the previous day. The highest purchase price in that period was US$30.01 on November 8, 2024, and the lowest was US$14.88 on September 29, 2022.
The company said it has repurchased Class A and Class B shares totaling approximately US$598,630,655.87 in aggregate consideration paid to date. It also explained that under ASX rules, it must disclose each day's repurchase transactions to the ASX.
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.
Scope of US$1 billion Share Repurchase Program
The company said it is authorized to repurchase up to US$1 billion in the aggregate of its Class A and Class B common stock combined, and that it intends to repurchase shares from time to time, depending on market conditions and the stock price.
Source · Based on the filing body and exhibits
Daily Repurchase Activity for November 13, 2024
News Corp said it repurchased 14,459 shares on November 13, 2024 for a total of US$420,532.79, with a highest purchase price of US$29.42 and a lowest purchase price of US$28.86, according to its notice to the ASX.
Source · Based on the filing body and exhibits
Cumulative Shares and Cost Repurchased Before Previous Day
The company disclosed that it had repurchased a total of 20,109,141 shares for US$398,265,672.67 before the previous day. The highest purchase price in that period was US$30.01 on November 8, 2024, and the lowest was US$14.88 on September 29, 2022.
Source · Based on the filing body and exhibits
Cumulative Program Spending and ASX Disclosure Basis
The company said it has repurchased Class A and Class B shares totaling approximately US$598,630,655.87 in aggregate consideration paid to date. It also explained that under ASX rules, it must disclose each day's repurchase transactions to the ASX.
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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