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AI English summary of an SEC filing — figures as filed

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News Corp said its Repurchase Program, which covers Class A and Class B common stock combined, authorizes it to buy back up to $1 billion.

8-KOther EventsFiled Period of report Summary published (UTC)

Key points

AI summary
  1. News Corp said its Repurchase Program, which covers Class A and Class B common stock combined, authorizes it to buy back up to $1 billion.

  2. The company said that under Australian Securities Exchange (ASX) rules it must disclose daily any transactions under the buy-back program, and that the information was attached as Exhibit 99.1 and Exhibit 99.2.

  3. The company said in its daily ASX buy-back notice that on December 18, 2024 it repurchased 14,858 shares for a total of US$421,083.15, with a highest price paid of US$28.60 and a lowest price paid of US$27.73.

  4. The company said it has bought approximately US$613,773,783.38 of Class A and Class B shares to date, based on total consideration paid, against its US$1 billion authorization.

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 $1 billion Stock Repurchase Program

News Corp said its Repurchase Program, which covers Class A and Class B common stock combined, authorizes it to buy back up to $1 billion.

Source · Based on the filing body and exhibits

Daily ASX Buy-Back Disclosure Requirement

The company said that under Australian Securities Exchange (ASX) rules it must disclose daily any transactions under the buy-back program, and that the information was attached as Exhibit 99.1 and Exhibit 99.2.

Source · Based on the filing body and exhibits

Buy-Back Details for December 18, 2024

The company said in its daily ASX buy-back notice that on December 18, 2024 it repurchased 14,858 shares for a total of US$421,083.15, with a highest price paid of US$28.60 and a lowest price paid of US$27.73.

Source · Based on the filing body and exhibits

Cumulative Repurchase Amount Under Program

The company said it has bought approximately US$613,773,783.38 of Class A and Class B shares to date, based on total consideration paid, against its US$1 billion authorization.

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.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.