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AI English summary of an SEC filing — figures as filed

News Corp logoNews Corp NWS

The company said it runs a repurchase program to buy back up to US$1 billion in the aggregate of its Class A common stock and Class B common stock. The company said no ASX-listed CDIs will be repurchased under the program.

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

Key points

AI summary
  1. The company said it runs a repurchase program to buy back up to US$1 billion in the aggregate of its Class A common stock and Class B common stock. The company said no ASX-listed CDIs will be repurchased under the program.

  2. NWS said it repurchased 20,945,351 shares for a total of US$422,029,306.05 for the period before February 10, 2025, and repurchased 12,193 shares for US$356,067.30 on February 10, according to its notice to the ASX.

  3. The company said the highest price paid for the period before February 10 was US$30.01 on November 8, 2024, and the lowest was US$14.88 on September 29, 2022. It said the highest price on February 10 was US$29.49 and the lowest was US$29.06.

  4. News Corp said it has bought Class A and Class B shares worth approximately US$635,450,066.90 in total consideration, out of the US$1 billion authorized. It cited the reason for the buy-back as "To enhance shareholder value."

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 Buy-Back Program

The company said it runs a repurchase program to buy back up to US$1 billion in the aggregate of its Class A common stock and Class B common stock. The company said no ASX-listed CDIs will be repurchased under the program.

Source · Based on the filing body and exhibits

Shares Repurchased and Consideration Before and on Previous Day

NWS said it repurchased 20,945,351 shares for a total of US$422,029,306.05 for the period before February 10, 2025, and repurchased 12,193 shares for US$356,067.30 on February 10, according to its notice to the ASX.

Source · Based on the filing body and exhibits

Repurchase Price Range

The company said the highest price paid for the period before February 10 was US$30.01 on November 8, 2024, and the lowest was US$14.88 on September 29, 2022. It said the highest price on February 10 was US$29.49 and the lowest was US$29.06.

Source · Based on the filing body and exhibits

Cumulative Repurchases and Reason for Buy-Back

News Corp said it has bought Class A and Class B shares worth approximately US$635,450,066.90 in total consideration, out of the US$1 billion authorized. It cited the reason for the buy-back as "To enhance shareholder value."

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.