AI English summary of an SEC filing — figures as filed
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.
Key points
AI summaryNews 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.
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.
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.
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-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.
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.
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