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

1. 01

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

2. 02

   The company reported that on January 23, 2025, it repurchased 14,858 shares of Class A common stock for a total of US$413,367.39, with the day's purchase prices ranging from US$27.69 to US$27.91.

3. 03

   The company said it had repurchased 20,771,123 shares of Class A common stock for a total of US$417,096,520.73 before January 23, 2025. The highest price paid during this period was US$30.01 on November 8, 2024, and the lowest price paid was US$14.88 on September 29, 2022.

4. 04

   News Corp said it has bought back Class A and Class B shares worth approximately US$627,794,897.25 in total consideration, against the authorized limit of US$1 billion. The company listed the reason 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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