News Corp said it operates a stock repurchase program (the Repurchase Program) under which it is authorized to acquire up to $1 billion in the aggregate of its Class A and Class B common stock.

8-KOther EventsFiled Dec 3, 2024Period of report Dec 2, 2024Summary published (UTC) Oct 25, 2026

Key points

AI summary

News Corp said it operates a stock repurchase program (the Repurchase Program) under which it is authorized to acquire up to $1 billion in the aggregate of its Class A and Class B common stock.
In its daily buy-back notice filed with the ASX, the company said it bought back 20,277,472 Class A shares (for total consideration of US$403,169,632.36) before December 2, 2024, and 13,659 shares (US$401,469.43) on December 2.
The company said it has bought back approximately US$606,173,852.09 of Class A and Class B shares, based on total consideration paid, against the US$1 billion aggregate authorization.
The company said the highest price paid in its earlier cumulative Class A common stock repurchases was US$30.01 (on November 8, 2024), and the lowest was US$14.88 (on September 29, 2022). On December 2, the company said, its purchase prices on that day ranged from US$29.17 to US$29.53.

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.

News Corp US$1 billion Stock Repurchase Program

News Corp said it operates a stock repurchase program (the Repurchase Program) under which it is authorized to acquire up to $1 billion in the aggregate of its Class A and Class B common stock.

Source · Based on the filing body and exhibits

Class A Common Stock Cumulative Repurchases and Consideration

In its daily buy-back notice filed with the ASX, the company said it bought back 20,277,472 Class A shares (for total consideration of US$403,169,632.36) before December 2, 2024, and 13,659 shares (US$401,469.43) on December 2.

Source · Based on the filing body and exhibits

Cumulative Repurchases Against Authorized Amount

The company said it has bought back approximately US$606,173,852.09 of Class A and Class B shares, based on total consideration paid, against the US$1 billion aggregate authorization.

Source · Based on the filing body and exhibits

Class A Common Stock Repurchase Price Range

The company said the highest price paid in its earlier cumulative Class A common stock repurchases was US$30.01 (on November 8, 2024), and the lowest was US$14.88 (on September 29, 2022). On December 2, the company said, its purchase prices on that day ranged from US$29.17 to US$29.53.

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

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