The company said it has a stock repurchase program, the Repurchase Program, under which it is authorized to buy back up to $1 billion in the aggregate of Class A common stock and Class B common stock from time to time.

8-KOther EventsFiled Nov 21, 2024Period of report Nov 20, 2024Summary published (UTC) Oct 25, 2026

Key points

AI summary

The company said it has a stock repurchase program, the Repurchase Program, under which it is authorized to buy back up to $1 billion in the aggregate of Class A common stock and Class B common stock from time to time.
The company said it has bought Class A and Class B shares worth about US$601,832,843.15 to date, based on total consideration paid, as disclosed in its ASX filings. The aggregate authorization is US$1 billion.
The company disclosed that it bought 14,161 shares of Class A common stock on November 20, 2024, the previous day, for a total of US$410,676.08, and that before that it had bought a cumulative 20,181,436 shares for US$400,354,082.92.
News Corp said the program is an other buy-back and named BofA Securities, Inc. as its broker. It said the purpose is to enhance shareholder value. The company also said no ASX-listed CDIs will be repurchased under the program.

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 repurchase program authorization

The company said it has a stock repurchase program, the Repurchase Program, under which it is authorized to buy back up to $1 billion in the aggregate of Class A common stock and Class B common stock from time to time.

Source · Based on the filing body and exhibits

Cumulative buybacks of about US$601,832,843.15

The company said it has bought Class A and Class B shares worth about US$601,832,843.15 to date, based on total consideration paid, as disclosed in its ASX filings. The aggregate authorization is US$1 billion.

Source · Based on the filing body and exhibits

Class A buyback details for November 20, 2024

The company disclosed that it bought 14,161 shares of Class A common stock on November 20, 2024, the previous day, for a total of US$410,676.08, and that before that it had bought a cumulative 20,181,436 shares for US$400,354,082.92.

Source · Based on the filing body and exhibits

Buy-back method, broker and purpose

News Corp said the program is an other buy-back and named BofA Securities, Inc. as its broker. It said the purpose is to enhance shareholder value. The company also said no ASX-listed CDIs will be repurchased under the program.

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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