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AI English summary of an SEC filing — figures as filed

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The company said it is authorized to acquire up to US$1 billion in the aggregate of its Class A common stock and Class B common stock. It said it plans to buy shares from time to time in the open market or otherwise, depending on market conditions and the company's share price.

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

Key points

AI summary
  1. The company said it is authorized to acquire up to US$1 billion in the aggregate of its Class A common stock and Class B common stock. It said it plans to buy shares from time to time in the open market or otherwise, depending on market conditions and the company's share price.

  2. The company said it has bought approximately US$599,267,078.86 worth of Class A and Class B shares, based on total consideration paid, against the US$1 billion authorization.

  3. The company notified the ASX that it bought back 6,841 Class B common stock shares on November 14, 2024, for total consideration of US$217,165.49. It reported cumulative prior purchases of 9,922,667 shares, for US$199,944,450.41.

  4. The company reported 159,437,871 Class B shares on issue and cited "To enhance shareholder value" as the reason for the buy-back. It said no ASX-listed CDIs will be repurchased under the program. BofA Securities, Inc. is the broker.

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 is authorized to acquire up to US$1 billion in the aggregate of its Class A common stock and Class B common stock. It said it plans to buy shares from time to time in the open market or otherwise, depending on market conditions and the company's share price.

Source · Based on the filing body and exhibits

US$599,267,078.86 Cumulative Purchases

The company said it has bought approximately US$599,267,078.86 worth of Class A and Class B shares, based on total consideration paid, against the US$1 billion authorization.

Source · Based on the filing body and exhibits

Class B Daily Buy-Back Details

The company notified the ASX that it bought back 6,841 Class B common stock shares on November 14, 2024, for total consideration of US$217,165.49. It reported cumulative prior purchases of 9,922,667 shares, for US$199,944,450.41.

Source · Based on the filing body and exhibits

Class B Shares on Issue and Reason for Buy-Back

The company reported 159,437,871 Class B shares on issue and cited "To enhance shareholder value" as the reason for the buy-back. It said no ASX-listed CDIs will be repurchased under the program. BofA Securities, Inc. is the broker.

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.