The company said it is running a repurchase program to buy back up to US$1 billion in the aggregate of its Class A and Class B common stock. It said the program will not repurchase any ASX-listed CDIs.

8-KOther EventsFiled Jan 6, 2025Period of report Jan 3, 2025Summary published (UTC) Oct 17, 2026

Key points

AI summary

The company said it is running a repurchase program to buy back up to US$1 billion in the aggregate of its Class A and Class B common stock. It said the program will not repurchase any ASX-listed CDIs.
The company told the ASX that, before 2025-01-03, it had bought back 20,592,827 shares of Class A common stock for a total of US$412,180,983.21, and that on 2025-01-03 it bought back 14,858 shares for a total of US$407,431.62.
News Corp said the lowest price it paid on 2025-01-03 was US$27.14 and the highest was US$27.55. It also said that, based on total consideration paid, its cumulative purchases of Class A and Class B shares were approximately US$620,144,075.68.
The company said the reason for this share buyback is to enhance shareholder value. It also said that no security holder approval is required and that there are no other conditions that must be satisfied before the buy-back offer becomes unconditional.

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 Repurchase Program

The company said it is running a repurchase program to buy back up to US$1 billion in the aggregate of its Class A and Class B common stock. It said the program will not repurchase any ASX-listed CDIs.

Source · Based on the filing body and exhibits

Class A Purchases Before and On 2025-01-03

The company told the ASX that, before 2025-01-03, it had bought back 20,592,827 shares of Class A common stock for a total of US$412,180,983.21, and that on 2025-01-03 it bought back 14,858 shares for a total of US$407,431.62.

Source · Based on the filing body and exhibits

Purchase Price Range and Cumulative Amount

News Corp said the lowest price it paid on 2025-01-03 was US$27.14 and the highest was US$27.55. It also said that, based on total consideration paid, its cumulative purchases of Class A and Class B shares were approximately US$620,144,075.68.

Source · Based on the filing body and exhibits

Purpose of Repurchases and Approval Requirements

The company said the reason for this share buyback is to enhance shareholder value. It also said that no security holder approval is required and that there are no other conditions that must be satisfied before the buy-back offer becomes unconditional.

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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