AI English summary of an SEC filing — figures as filed
News Corp said it has a stock repurchase program authorizing it to buy up to US$1 billion in aggregate of its Class A and Class B common stock. The company said the ASX requires it to disclose transactions under the program daily.
Key points
AI summaryNews Corp said it has a stock repurchase program authorizing it to buy up to US$1 billion in aggregate of its Class A and Class B common stock. The company said the ASX requires it to disclose transactions under the program daily.
The company disclosed that on January 2, 2025, it repurchased 14,858 shares for a total of US$409,409.22, with a low price of US$27.42 and a high price of US$27.79 that day.
The company said that cumulatively before the previous day, it had repurchased 20,577,969 shares for a total of US$411,771,573.99. It also disclosed that the highest price in this period was US$30.01 on November 8, 2024, and the lowest price was US$14.88 on September 29, 2022.
News Corp said it has bought Class A and Class B shares worth about US$619,510,940.11 in total consideration to date under the US$1 billion repurchase program. The filing indicates the program was introduced on June 5, 2021.
Summary
AI-writtenAnalysis 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.
Repurchase Program Limit of US$1 billion
News Corp said it has a stock repurchase program authorizing it to buy up to US$1 billion in aggregate of its Class A and Class B common stock. The company said the ASX requires it to disclose transactions under the program daily.
Source · Based on the filing body and exhibits
2025-01-02 Daily Repurchase of 14,858 Shares
The company disclosed that on January 2, 2025, it repurchased 14,858 shares for a total of US$409,409.22, with a low price of US$27.42 and a high price of US$27.79 that day.
Source · Based on the filing body and exhibits
Cumulative Repurchases Before Previous Day of 20,577,969 Shares
The company said that cumulatively before the previous day, it had repurchased 20,577,969 shares for a total of US$411,771,573.99. It also disclosed that the highest price in this period was US$30.01 on November 8, 2024, and the lowest price was US$14.88 on September 29, 2022.
Source · Based on the filing body and exhibits
Cumulative buy-back spend under program about US$619,510,940.11
News Corp said it has bought Class A and Class B shares worth about US$619,510,940.11 in total consideration to date under the US$1 billion repurchase program. The filing indicates the program was introduced on June 5, 2021.
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.
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