AI English summary of an SEC filing — figures as filed
News Corp said it operates a repurchase program authorizing it to acquire up to US$1 billion in the aggregate of its Class A common stock and Class B common stock. The company said no ASX-listed CDIs will be repurchased under the program.
Key points
AI summaryNews Corp said it operates a repurchase program authorizing it to acquire up to US$1 billion in the aggregate of its Class A common stock and Class B common stock. The company said no ASX-listed CDIs will be repurchased under the program.
In its daily ASX buy-back notice, the company disclosed that on January 13, 2025, the previous day, it bought back 14,858 securities for a total of US$404,847.81. The highest price that day was US$27.44, and the lowest was US$26.83.
The company said it bought back 20,667,117 securities for a total of US$414,221,699.80 before January 13, 2025. For that period, the highest price was US$30.01 (on November 8, 2024), and the lowest price was US$14.88 (on September 29, 2022).
The company said it has bought back Class A and Class B shares totaling about US$623,309,815.08 in aggregate consideration paid, out of the US$1 billion authorization.
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.
US$1 billion Share Repurchase Program
News Corp said it operates a repurchase program authorizing it to acquire up to US$1 billion in the aggregate of its Class A common stock and Class B common stock. The company said no ASX-listed CDIs will be repurchased under the program.
Source · Based on the filing body and exhibits
Daily Buy-Back Details for January 13, 2025
In its daily ASX buy-back notice, the company disclosed that on January 13, 2025, the previous day, it bought back 14,858 securities for a total of US$404,847.81. The highest price that day was US$27.44, and the lowest was US$26.83.
Source · Based on the filing body and exhibits
Cumulative Purchases Before the Previous Day
The company said it bought back 20,667,117 securities for a total of US$414,221,699.80 before January 13, 2025. For that period, the highest price 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 Program Purchase Amount
The company said it has bought back Class A and Class B shares totaling about US$623,309,815.08 in aggregate consideration paid, out of the US$1 billion authorization.
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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