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AI English summary of an SEC filing — figures as filed

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News Corp said the Repurchase Program, covering Class A and Class B common stock combined, is authorized for up to $1 billion. The company said it does not buy ASX-listed CDIs under this program.

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

Key points

AI summary
  1. News Corp said the Repurchase Program, covering Class A and Class B common stock combined, is authorized for up to $1 billion. The company said it does not buy ASX-listed CDIs under this program.

  2. The company told the ASX that it bought 20,152,518 shares of Class A common stock for total consideration of US$399,524,867.94 in the period before November 18, and 14,459 shares for US$415,723.72 on November 18, 2024.

  3. The company disclosed that the highest price paid for Class A shares was US$30.01 on November 8, 2024, and the lowest was US$14.88 on September 29, 2022. On November 18, 2024, the purchase price ranged from US$28.52 to US$28.86.

  4. The company said that, of the US$1 billion authorization, it has bought Class A and Class B shares combined for approximately US$600,563,013.22 in total consideration paid to date.

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 Scope

News Corp said the Repurchase Program, covering Class A and Class B common stock combined, is authorized for up to $1 billion. The company said it does not buy ASX-listed CDIs under this program.

Source · Based on the filing body and exhibits

Class A Shares Repurchased and November 18, 2024 Trading

The company told the ASX that it bought 20,152,518 shares of Class A common stock for total consideration of US$399,524,867.94 in the period before November 18, and 14,459 shares for US$415,723.72 on November 18, 2024.

Source · Based on the filing body and exhibits

Class A Repurchase Price Range

The company disclosed that the highest price paid for Class A shares was US$30.01 on November 8, 2024, and the lowest was US$14.88 on September 29, 2022. On November 18, 2024, the purchase price ranged from US$28.52 to US$28.86.

Source · Based on the filing body and exhibits

Cumulative Repurchase Amount Under Program

The company said that, of the US$1 billion authorization, it has bought Class A and Class B shares combined for approximately US$600,563,013.22 in total consideration paid to date.

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.