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AI English summary of an SEC filing — figures as filed

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

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

Key points

AI summary
  1. News Corp said it operates a share repurchase program (the Repurchase Program) under which it may buy back up to US$1 billion in aggregate of its Class A and Class B common stock from time to time.

  2. The company said in its daily Class A buy-back notice to the ASX that it bought back 14,459 shares on February 5, 2025, the previous trading day, for a total of US$412,714.80. The purchase price that day ranged from US$28.33 to US$28.76 per share.

  3. In its ASX notice, the company said it had bought back 20,901,960 Class A common shares for US$420,786,211.16 before February 5, 2025. The highest price paid in the same item was US$30.01 on November 8, 2024, and the lowest price was US$14.88 on September 29, 2022.

  4. The company said it has bought back approximately US$633,573,532.40 of Class A and Class B shares under the program to date, based on total consideration paid. It also said 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.

News Corp US$1 billion Share Repurchase Program Authorization

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

Source · Based on the filing body and exhibits

Daily Buy-Back Details for February 5, 2025

The company said in its daily Class A buy-back notice to the ASX that it bought back 14,459 shares on February 5, 2025, the previous trading day, for a total of US$412,714.80. The purchase price that day ranged from US$28.33 to US$28.76 per share.

Source · Based on the filing body and exhibits

Cumulative Shares and Consideration Before Previous Trading Day

In its ASX notice, the company said it had bought back 20,901,960 Class A common shares for US$420,786,211.16 before February 5, 2025. The highest price paid in the same item was US$30.01 on November 8, 2024, and the lowest price was US$14.88 on September 29, 2022.

Source · Based on the filing body and exhibits

Cumulative Program Spending and Purchase Scope

The company said it has bought back approximately US$633,573,532.40 of Class A and Class B shares under the program to date, based on total consideration paid. It also said 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.