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

1. 01

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

2. 02

   News Corp told the ASX that on January 8, 2025 it bought back 14,858 shares for a total of US$407,011.14. The highest price paid that day was US$27.58, and the lowest was US$27.19.

3. 03

   The company said it bought back 20,637,401 shares for a total of US$413,410,463.40 before January 8. 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).

4. 04

   News Corp said it has bought back about US$622,052,528.21 of Class A and Class B shares, based on total consideration paid, against the US$1 billion authorization to date. The company listed its purpose for the buy-back as to enhance shareholder value.

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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