News Corp said it has a stock repurchase program under which it is authorized to buy back up to US$1 billion in aggregate of Class A and Class B common stock from time to time.

8-KOther EventsFiled Dec 4, 2024Period of report Dec 3, 2024Summary published (UTC) Oct 25, 2026

Key points

AI summary

News Corp said it has a stock repurchase program under which it is authorized to buy back up to US$1 billion in aggregate of Class A and Class B common stock from time to time.
The company said it repurchased 20,291,131 shares of Class A common stock for a total of US$403,571,101.78 before the previous day, December 3, 2024, and repurchased 13,650 shares for US$405,798.12 on the previous day.
The company said the highest price paid was US$30.01 on November 8, 2024 and the lowest was US$14.88 on September 29, 2022, while prices on the previous day ranged from US$29.92 to US$29.44. It said it has bought about US$606,802,426.01 worth of Class A and Class B shares to date.
News Corp said it buys back shares from time to time in the open market or otherwise, subject to market conditions and its stock price, for the reason of enhancing shareholder value, with BofA Securities, Inc. acting as broker. It said no ASX-listed CDIs will be repurchased and that any transactions are disclosed daily to the ASX.

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 Stock Repurchase Program

News Corp said it has a stock repurchase program under which it is authorized to buy back up to US$1 billion in aggregate of Class A and Class B common stock from time to time.

Source · Based on the filing body and exhibits

Class A Repurchase Volume, Amount and Prior-Day Purchases

The company said it repurchased 20,291,131 shares of Class A common stock for a total of US$403,571,101.78 before the previous day, December 3, 2024, and repurchased 13,650 shares for US$405,798.12 on the previous day.

Source · Based on the filing body and exhibits

Purchase Price Range and Cumulative Amount

The company said the highest price paid was US$30.01 on November 8, 2024 and the lowest was US$14.88 on September 29, 2022, while prices on the previous day ranged from US$29.92 to US$29.44. It said it has bought about US$606,802,426.01 worth of Class A and Class B shares to date.

Source · Based on the filing body and exhibits

Repurchase Method, Rationale and ASX Daily Disclosure

News Corp said it buys back shares from time to time in the open market or otherwise, subject to market conditions and its stock price, for the reason of enhancing shareholder value, with BofA Securities, Inc. acting as broker. It said no ASX-listed CDIs will be repurchased and that any transactions are disclosed daily to the ASX.

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.

View the original filing on SEC EDGAR ↗

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