News Corp said the repurchase program covers up to US$1 billion in the aggregate of its Class A and Class B common stock. The company said no ASX-listed CDIs will be repurchased under the program.

1. 01

   News Corp said the repurchase program covers up to US$1 billion in the aggregate of its Class A and Class B common stock. The company said no ASX-listed CDIs will be repurchased under the program.

2. 02

   The company said that on December 31, 2024 it bought back 14,858 shares for a total of US$409,942.62, according to its daily ASX buy-back notification. The highest price paid that day was US$27.74, and the lowest was US$27.49.

3. 03

   The company said it had bought back approximately US$618,874,924.96 of Class A and Class B shares to date, based on total consideration paid, out of its US$1 billion authorization.

4. 04

   The company said it intends to repurchase shares from time to time in the open market or otherwise, subject to market conditions and the market price of its stock. BofA Securities, Inc. is the broker, and the company listed the reason as "To enhance shareholder value." The company said the buy-back does not require security holder approval.

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.

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

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