AI English summary of an SEC filing — figures as filed
News Corp said it has a repurchase program authorizing it to buy back up to US$1 billion in the aggregate of Class A common stock and Class B common stock.
Key points
AI summaryNews Corp said it has a repurchase program authorizing it to buy back up to US$1 billion in the aggregate of Class A common stock and Class B common stock.
In its daily notice to the ASX dated 12/13/2024, the company said it repurchased 14,459 shares of Class A common stock for a total of US$421,018.61 on 12/12/2024, the previous day.
The company said it repurchased 20,387,051 shares for a total of US$406,396,232.95 before the previous day. It said it has bought back Class A and Class B shares worth about US$611,194,228.77 since the program began.
The company said the highest price paid before the previous day was US$30.01 on 08/11/2024 and the lowest was US$14.88 on 29/09/2022. It said shares bought on the previous day were priced between US$28.97 and US$29.25, and that BofA Securities, Inc. was the broker.
Summary
AI-writtenAnalysis 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 has a repurchase program authorizing it to buy back up to US$1 billion in the aggregate of Class A common stock and Class B common stock.
Source · Based on the filing body and exhibits
Daily Notice of Class A Common Stock Repurchases
In its daily notice to the ASX dated 12/13/2024, the company said it repurchased 14,459 shares of Class A common stock for a total of US$421,018.61 on 12/12/2024, the previous day.
Source · Based on the filing body and exhibits
Repurchases Before the Previous Day and Cumulative Program Amount
The company said it repurchased 20,387,051 shares for a total of US$406,396,232.95 before the previous day. It said it has bought back Class A and Class B shares worth about US$611,194,228.77 since the program began.
Source · Based on the filing body and exhibits
Repurchase Price Range and Broker
The company said the highest price paid before the previous day was US$30.01 on 08/11/2024 and the lowest was US$14.88 on 29/09/2022. It said shares bought on the previous day were priced between US$28.97 and US$29.25, and that BofA Securities, Inc. was the broker.
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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