News Corp said it operates a stock repurchase program authorizing it to acquire up to $1 billion in aggregate of its Class A and Class B common stock from time to time.

1. 01

   News Corp said it operates a stock repurchase program authorizing it to acquire up to $1 billion in aggregate of its Class A and Class B common stock from time to time.

2. 02

   In its ASX notice dated November 25, 2024, the company reported that it had bought back 20,209,376 shares before the previous day, November 22, 2024, for total consideration of US$401,168,884.67, and 13,460 shares on the previous day for total consideration of US$398,887.10.

3. 03

   The company said it has repurchased approximately US$603,074,614.40 of Class A and Class B shares to date, based on total consideration paid. It said the highest price paid before the previous day was US$30.01 and the lowest was US$14.88.

4. 04

   The company said it plans to repurchase shares from time to time in the open market or otherwise, subject to market conditions and its stock price. It said no ASX-listed CDIs will be repurchased under the program and that no security holder approval is required.

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.

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

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