News Corp said it is authorized to acquire up to $1 billion in the aggregate of its Class A and Class B common stock under its Repurchase Program, with purchases made from time to time.

1. 01

   News Corp said it is authorized to acquire up to $1 billion in the aggregate of its Class A and Class B common stock under its Repurchase Program, with purchases made from time to time.

2. 02

   In its daily buy-back notice to the ASX on Class A shares, the company said cumulative purchases through the previous day, December 20, 2024, were 20,474,603 shares for a total consideration of US$408,894,546.23. On December 20, it bought 14,858 shares for US$413,728.44.

3. 03

   The company said the highest price paid in the prior period was US$30.01 on November 8, 2024, and the lowest was US$14.88 on September 29, 2022. On December 20, the highest price paid was US$27.96 and the lowest was US$27.61. Cumulative purchases of Class A and Class B shares totaled approximately US$615,058,405.32.

4. 04

   News Corp said it classified the program as an Other buy-back on the ASX form, named BofA Securities, Inc. as broker, and will not repurchase any ASX-listed CDIs. The number of Class A shares on issue subject to buy-back is 375,125,201.

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Original filing

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