AI English summary of an SEC filing — figures as filed
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.
Key points
AI summaryNews 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.
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.
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.
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-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.
$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.
Loading the filing text…