News Corp said it is running a stock repurchase program to acquire up to US$1 billion in aggregate of its Class A common stock and Class B common stock. The CDIs listed on the ASX are not included in the program for repurchase.

8-KOther EventsFiled Jan 17, 2025Period of report Jan 16, 2025Summary published (UTC) Oct 17, 2026

Key points

AI summary

News Corp said it is running a stock repurchase program to acquire up to US$1 billion in aggregate of its Class A common stock and Class B common stock. The CDIs listed on the ASX are not included in the program for repurchase.
The company told the ASX that on January 16, 2025 it repurchased 14,858 shares for a total of US$410,265.04. Its share price that day ranged from US$27.46 to US$27.78.
News Corp said it had repurchased 20,711,691 shares for a total of US$415,448,202.44 before January 16, 2025. The company said it has bought Class A and Class B shares worth approximately US$625,222,743.44 to date.
The company said it plans to repurchase Class A and Class B shares from time to time in the open market or otherwise, in a combination, subject to market conditions and the market price of its stock. The company stated its purpose as to enhance shareholder value, and said no shareholder approval is required.

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 Overview

News Corp said it is running a stock repurchase program to acquire up to US$1 billion in aggregate of its Class A common stock and Class B common stock. The CDIs listed on the ASX are not included in the program for repurchase.

Source · Based on the filing body and exhibits

Repurchase Activity for January 16, 2025

The company told the ASX that on January 16, 2025 it repurchased 14,858 shares for a total of US$410,265.04. Its share price that day ranged from US$27.46 to US$27.78.

Source · Based on the filing body and exhibits

Cumulative Repurchases and Total Amount Through the Prior Day

News Corp said it had repurchased 20,711,691 shares for a total of US$415,448,202.44 before January 16, 2025. The company said it has bought Class A and Class B shares worth approximately US$625,222,743.44 to date.

Source · Based on the filing body and exhibits

Repurchase Method and Conditions

The company said it plans to repurchase Class A and Class B shares from time to time in the open market or otherwise, in a combination, subject to market conditions and the market price of its stock. The company stated its purpose as to enhance shareholder value, and said no shareholder approval is required.

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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