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AI English summary of an SEC filing — figures as filed

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News Corp said it operates a stock repurchase program (the Repurchase Program) under which it is authorized to buy back up to $1 billion in aggregate of 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 operates a stock repurchase program (the Repurchase Program) under which it is authorized to buy back up to $1 billion in aggregate of Class A common stock and Class B common stock.

  2. The company told the ASX that on January 29, 2025 it repurchased 14,459 shares for a total of US$409,322.72, with a lowest price of US$28.02 and a highest price of US$28.48. This notice covers Class A common stock.

  3. The company disclosed that before January 29, 2025 it repurchased 20,829,418 shares for a total of US$418,735,487.70, with a highest price of US$30.01 and a lowest price of US$14.88 for the period.

  4. The company said it has bought back approximately US$630,348,200.66 of Class A and Class B shares since the program began (based on total consideration paid). It said BofA Securities, Inc. is the broker, and that no ASX-listed CDIs will be repurchased under the program.

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.

$1 billion Stock Repurchase Program

News Corp said it operates a stock repurchase program (the Repurchase Program) under which it is authorized to buy back up to $1 billion in aggregate of Class A common stock and Class B common stock.

Source · Based on the filing body and exhibits

Daily Repurchases on January 29, 2025

The company told the ASX that on January 29, 2025 it repurchased 14,459 shares for a total of US$409,322.72, with a lowest price of US$28.02 and a highest price of US$28.48. This notice covers Class A common stock.

Source · Based on the filing body and exhibits

Cumulative Repurchases for Prior Period

The company disclosed that before January 29, 2025 it repurchased 20,829,418 shares for a total of US$418,735,487.70, with a highest price of US$30.01 and a lowest price of US$14.88 for the period.

Source · Based on the filing body and exhibits

Cumulative Repurchase Amount and Method

The company said it has bought back approximately US$630,348,200.66 of Class A and Class B shares since the program began (based on total consideration paid). It said BofA Securities, Inc. is the broker, and that no ASX-listed CDIs will be repurchased under the program.

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.