News Corp said it is authorized to repurchase up to $1 billion in the aggregate of its Class A and Class B common stock from time to time. The company said the ASX-listed CDIs will not be repurchased under this program.

8-KOther EventsFiled Dec 31, 2024Period of report Dec 30, 2024Summary published (UTC) Oct 24, 2026

Key points

AI summary

News Corp said it is authorized to repurchase up to $1 billion in the aggregate of its Class A and Class B common stock from time to time. The company said the ASX-listed CDIs will not be repurchased under this program.
News Corp notified the ASX that on December 30, 2024 it repurchased 14,858 shares of Class A common stock for a total of US$408,014.05. The highest price paid that day was US$27.60, and the lowest was US$27.17.
The company said it had repurchased 20,548,253 shares of Class A common stock for a total of US$410,953,617.32 before December 30, 2024. The highest price paid in that period was US$30.01 on November 8, 2024, and the lowest was US$14.88 on September 29, 2022.
News Corp said it has bought approximately US$618,237,757.25 worth of Class A and Class B shares, based on total consideration paid, against the US$1 billion authorization. The company listed its purpose for the buy-back as to enhance shareholder value.

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.

US$1 billion Share Buy-Back Program Authorization

News Corp said it is authorized to repurchase up to $1 billion in the aggregate of its Class A and Class B common stock from time to time. The company said the ASX-listed CDIs will not be repurchased under this program.

Source · Based on the filing body and exhibits

Class A Common Stock Daily Buy-Back Notice (December 30, 2024)

News Corp notified the ASX that on December 30, 2024 it repurchased 14,858 shares of Class A common stock for a total of US$408,014.05. The highest price paid that day was US$27.60, and the lowest was US$27.17.

Source · Based on the filing body and exhibits

Repurchases Before the Previous Day

The company said it had repurchased 20,548,253 shares of Class A common stock for a total of US$410,953,617.32 before December 30, 2024. The highest price paid in that period was US$30.01 on November 8, 2024, and the lowest was US$14.88 on September 29, 2022.

Source · Based on the filing body and exhibits

Approximately US$618,237,757.25 Cumulative Program Spend

News Corp said it has bought approximately US$618,237,757.25 worth of Class A and Class B shares, based on total consideration paid, against the US$1 billion authorization. The company listed its purpose for the buy-back as to enhance shareholder value.

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.

View the original filing on SEC EDGAR ↗

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