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AI English summary of an SEC filing — figures as filed

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News Corp said it has a stock repurchase program, the Repurchase Program, under which it is authorized to acquire up to $1 billion in the aggregate of its Class A common stock and Class B common stock.

8-KOther EventsFiled Period of report Summary published (UTC)

Key points

AI summary
  1. News Corp said it has a stock repurchase program, the Repurchase Program, under which it is authorized to acquire up to $1 billion in the aggregate of its Class A common stock and Class B common stock.

  2. The company said it has bought Class A and Class B shares under the program for about US$628,431,547.05 in total consideration paid.

  3. In its daily buy-back notice to the ASX, the company said it repurchased 14,495 shares for US$407,809.58 on January 24, 2025, the previous day. It said cumulative purchases before that day were 20,785,981 shares for US$417,509,888.12.

  4. The company said it is required to disclose buy-back transactions to the ASX daily under ASX rules. It also said the program covers Nasdaq-listed Class A and Class B shares and that no ASX-listed CDIs will be repurchased.

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.

News Corp Authorizes US$1 billion Buyback Program

News Corp said it has a stock repurchase program, the Repurchase Program, under which it is authorized to acquire up to $1 billion in the aggregate of its Class A common stock and Class B common stock.

Source · Based on the filing body and exhibits

Cumulative Buybacks Total About US$628,431,547.05

The company said it has bought Class A and Class B shares under the program for about US$628,431,547.05 in total consideration paid.

Source · Based on the filing body and exhibits

Daily Buy-Back Details for 2025 01-24

In its daily buy-back notice to the ASX, the company said it repurchased 14,495 shares for US$407,809.58 on January 24, 2025, the previous day. It said cumulative purchases before that day were 20,785,981 shares for US$417,509,888.12.

Source · Based on the filing body and exhibits

Program Type and ASX Disclosure Obligations

The company said it is required to disclose buy-back transactions to the ASX daily under ASX rules. It also said the program covers Nasdaq-listed Class A and Class B shares and that no ASX-listed CDIs will 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.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.