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AI English summary of an SEC filing — figures as filed

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News Corp said the Repurchase Program allows it to acquire up to $1 billion in the aggregate of its Class A common stock and Class B common stock. The company cited "To enhance shareholder value" as the reason for the buy-back.

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

Key points

AI summary
  1. News Corp said the Repurchase Program allows it to acquire up to $1 billion in the aggregate of its Class A common stock and Class B common stock. The company cited "To enhance shareholder value" as the reason for the buy-back.

  2. The company told the ASX that on 24/12/2024, the previous day on which it bought back shares, it repurchased 14,517 Class A common shares for a total of US$407,376.05. The highest price paid that day was US$28.175, and the lowest was US$27.97.

  3. News Corp said it bought back 20,504,242 Class A common shares for a total of US$409,722,238.74 before the previous day. The highest price paid in this period was US$30.01 on 08/11/2024, and the lowest was US$14.88 on 29/09/2022.

  4. The company said it has bought back approximately US$616,326,002.80 of Class A and Class B shares to date, based on total consideration paid, under 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.

$1 billion Share Repurchase Program Overview

News Corp said the Repurchase Program allows it to acquire up to $1 billion in the aggregate of its Class A common stock and Class B common stock. The company cited "To enhance shareholder value" as the reason for the buy-back.

Source · Based on the filing body and exhibits

Class A Shares Bought Back on Previous Day

The company told the ASX that on 24/12/2024, the previous day on which it bought back shares, it repurchased 14,517 Class A common shares for a total of US$407,376.05. The highest price paid that day was US$28.175, and the lowest was US$27.97.

Source · Based on the filing body and exhibits

Class A Shares Bought Back Before Previous Day

News Corp said it bought back 20,504,242 Class A common shares for a total of US$409,722,238.74 before the previous day. The highest price paid in this period was US$30.01 on 08/11/2024, and the lowest was US$14.88 on 29/09/2022.

Source · Based on the filing body and exhibits

Combined Class A and Class B Repurchase Total

The company said it has bought back approximately US$616,326,002.80 of Class A and Class B shares to date, based on total consideration paid, under 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.