News Corp said its stock repurchase program, the Repurchase Program, is authorized to buy up to $1 billion in the aggregate of Class A and Class B common stock.

8-KOther EventsFiled Dec 6, 2024Period of report Dec 5, 2024Summary published (UTC) Oct 25, 2026

Key points

AI summary

News Corp said its stock repurchase program, the Repurchase Program, is authorized to buy up to $1 billion in the aggregate of Class A and Class B common stock.
In its daily buy-back notice filed with the Australian Securities Exchange (ASX), the company said it bought 13,659 Class A shares for a total of US$405,425.07 on December 5, 2024, with prices ranging from US$29.57 to US$29.84 that day.
The company said that in the same notice, it reported 20,318,440 shares bought back before the previous day, December 5, 2024, for total consideration of US$404,382,935.53. It said the highest price in the period was US$30.01 on November 8, 2024, and the lowest was US$14.88 on September 29, 2022.
The company said it has bought Class A and Class B shares worth approximately US$608,059,430.78 in total consideration since the program began. It said the program covers Nasdaq-listed Class A and Class B shares, and no ASX-listed CDIs will be repurchased.

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 its stock repurchase program, the Repurchase Program, is authorized to buy up to $1 billion in the aggregate of Class A and Class B common stock.

Source · Based on the filing body and exhibits

Class A Daily Buy-Back Activity for December 5, 2024

In its daily buy-back notice filed with the Australian Securities Exchange (ASX), the company said it bought 13,659 Class A shares for a total of US$405,425.07 on December 5, 2024, with prices ranging from US$29.57 to US$29.84 that day.

Source · Based on the filing body and exhibits

Cumulative Purchases Before This Notice

The company said that in the same notice, it reported 20,318,440 shares bought back before the previous day, December 5, 2024, for total consideration of US$404,382,935.53. It said the highest price in the period was US$30.01 on November 8, 2024, and the lowest was US$14.88 on September 29, 2022.

Source · Based on the filing body and exhibits

Cumulative Program Purchases and Scope

The company said it has bought Class A and Class B shares worth approximately US$608,059,430.78 in total consideration since the program began. It said the program covers Nasdaq-listed Class A and Class B shares, and no ASX-listed CDIs will be repurchased.

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 ↗

Unauthorized scraping, data storage and database creation prohibited

Without prior written consent, you must not crawl or scrape data compiled and organized by Chickstock or its analysis and summaries, or collect them repeatedly or in bulk for storage, ingestion or database creation. Repurposing, redistribution, sale and use to build other services are also prohibited.

Unauthorized use may result in access restrictions, demands to stop infringement and delete copies, and claims for damages. Violations of applicable law may also give rise to criminal liability.

Uses permitted by law, the Terms of Service or a separate agreement remain subject to their respective scope. Rights in individual source materials, including original filings, remain with their respective rights holders.