AI English summary of an SEC filing — figures as filed
News Corp said its stock repurchase program allows it to acquire up to US$1 billion in aggregate of Class A and Class B common stock. The company said it will not repurchase any ASX-listed CDIs under the program.
Key points
AI summaryNews Corp said its stock repurchase program allows it to acquire up to US$1 billion in aggregate of Class A and Class B common stock. The company said it will not repurchase any ASX-listed CDIs under the program.
The company said it has bought approximately US$612,482,295.91 of Class A and Class B shares under the program, based on total consideration paid. The authorized limit is US$1 billion.
News Corp told the ASX that on the previous trading day, 16/12/2024, it bought 14,459 Class A shares for a total of US$416,452.46. The lowest price paid that day was US$28.47 and the highest was US$28.91.
The company told the ASX that before the previous trading day it had bought 20,415,969 Class A shares for a total of US$407,231,750.60. The highest price paid in this period was US$30.01 (08/11/2024), and the lowest was US$14.88 (29/09/2022).
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.
US$1 billion Repurchase Program Overview
News Corp said its stock repurchase program allows it to acquire up to US$1 billion in aggregate of Class A and Class B common stock. The company said it will not repurchase any ASX-listed CDIs under the program.
Source · Based on the filing body and exhibits
Cumulative repurchases of approximately US$612,482,295.91
The company said it has bought approximately US$612,482,295.91 of Class A and Class B shares under the program, based on total consideration paid. The authorized limit is US$1 billion.
Source · Based on the filing body and exhibits
Class A repurchases for December 16, 2024
News Corp told the ASX that on the previous trading day, 16/12/2024, it bought 14,459 Class A shares for a total of US$416,452.46. The lowest price paid that day was US$28.47 and the highest was US$28.91.
Source · Based on the filing body and exhibits
Cumulative Class A repurchases before the previous trading day
The company told the ASX that before the previous trading day it had bought 20,415,969 Class A shares for a total of US$407,231,750.60. The highest price paid in this period was US$30.01 (08/11/2024), and the lowest was US$14.88 (29/09/2022).
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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