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AI English summary of an SEC filing — figures as filed

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News Corp said its repurchase program allows it to acquire up to $1 billion in aggregate of 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. News Corp said its repurchase program allows it to acquire up to $1 billion in aggregate of Class A common stock and Class B common stock. The company said no ASX-listed CDIs will be repurchased under the program.

  2. The company said it repurchased 12,193 shares of Class A common stock on February 13, 2025 for a total consideration of US$358,302.28, according to its daily ASX buy-back notice. The highest price paid that day was US$29.575, and the lowest was US$29.245.

  3. The company notified the ASX that it had repurchased 20,981,930 shares of Class A common stock before February 13, 2025 for a total consideration of US$423,100,058.73. For that period, the highest price paid was US$30.01 on November 8, 2024, and the lowest was US$14.88 on September 29, 2022.

  4. News Corp said it had bought about US$637,146,900.49 worth of Class A and Class B shares as of the notice date, based on total consideration paid. The company said its total authorization is up to US$1 billion in aggregate.

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.

US$1 billion Share Repurchase Program

News Corp said its repurchase program allows it to acquire up to $1 billion in aggregate of 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

Daily Class A Share Repurchase Activity for February 13, 2025

The company said it repurchased 12,193 shares of Class A common stock on February 13, 2025 for a total consideration of US$358,302.28, according to its daily ASX buy-back notice. The highest price paid that day was US$29.575, and the lowest was US$29.245.

Source · Based on the filing body and exhibits

Cumulative Repurchases Before the Previous Day

The company notified the ASX that it had repurchased 20,981,930 shares of Class A common stock before February 13, 2025 for a total consideration of US$423,100,058.73. For that period, the highest price paid was US$30.01 on November 8, 2024, and the lowest was US$14.88 on September 29, 2022.

Source · Based on the filing body and exhibits

Cumulative Repurchases Since Program Inception

News Corp said it had bought about US$637,146,900.49 worth of Class A and Class B shares as of the notice date, based on total consideration paid. The company said its total authorization is up to US$1 billion in aggregate.

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.