AI English summary of an SEC filing — figures as filed
The company said it is authorized under its Repurchase Program to acquire up to $1 billion in aggregate of Class A common stock and Class B common stock.
Key points
AI summaryThe company said it is authorized under its Repurchase Program to acquire up to $1 billion in aggregate of Class A common stock and Class B common stock.
News Corp said its ASX filing shows it has purchased Class A and Class B shares worth about US$622,680,942.98 in total consideration to date.
The company told the ASX that on January 10, 2025 it bought back 14,858 shares for a total of US$404,225.26, with a highest price of US$27.53 and a lowest price of US$27.05.
The company said it will carry out the program from time to time in the open market or otherwise, depending on market conditions and the stock price. BofA Securities, Inc. is the broker, and ASX-listed CDIs will not be repurchased.
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.
News Corp US$1 billion Share Buyback Program
The company said it is authorized under its Repurchase Program to acquire up to $1 billion in aggregate of Class A common stock and Class B common stock.
Source · Based on the filing body and exhibits
Cumulative buybacks of about US$622,680,942.98
News Corp said its ASX filing shows it has purchased Class A and Class B shares worth about US$622,680,942.98 in total consideration to date.
Source · Based on the filing body and exhibits
Daily buyback details for January 10, 2025
The company told the ASX that on January 10, 2025 it bought back 14,858 shares for a total of US$404,225.26, with a highest price of US$27.53 and a lowest price of US$27.05.
Source · Based on the filing body and exhibits
Buyback method, broker and exclusion of ASX-listed CDIs
The company said it will carry out the program from time to time in the open market or otherwise, depending on market conditions and the stock price. BofA Securities, Inc. is the broker, and ASX-listed CDIs will not be repurchased.
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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