AI English summary of an SEC filing — figures as filed
News Corp said it may buy back up to US$1 billion in Class A and Class B common stock combined. The company said it intends to repurchase shares from time to time, including in the open market, and that no ASX-listed CDIs will be repurchased under the program.
Key points
AI summaryNews Corp said it may buy back up to US$1 billion in Class A and Class B common stock combined. The company said it intends to repurchase shares from time to time, including in the open market, and that no ASX-listed CDIs will be repurchased under the program.
The company said it has bought about US$637,685,052.11 of Class A and Class B shares under the program to date, based on total consideration paid. The total approved limit is US$1 billion.
News Corp told the ASX that on February 14, 2025, the last trading day, it bought back 11,394 Class A shares for a total of US$340,652.12. The highest price that day was US$30.25 and the lowest was US$29.63.
News Corp disclosed that before February 14, 2025, it had bought back 20,994,123 Class A shares for a total of US$423,458,361.01. The highest price during this period was US$30.01 on November 8, 2024, and the lowest was US$14.88 on September 29, 2022.
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.
US$1 billion Class A and Class B Share Buyback Program
News Corp said it may buy back up to US$1 billion in Class A and Class B common stock combined. The company said it intends to repurchase shares from time to time, including in the open market, and that no ASX-listed CDIs will be repurchased under the program.
Source · Based on the filing body and exhibits
Cumulative Buybacks of About US$637,685,052.11
The company said it has bought about US$637,685,052.11 of Class A and Class B shares under the program to date, based on total consideration paid. The total approved limit is US$1 billion.
Source · Based on the filing body and exhibits
Daily Class A Buyback Details for February 14, 2025
News Corp told the ASX that on February 14, 2025, the last trading day, it bought back 11,394 Class A shares for a total of US$340,652.12. The highest price that day was US$30.25 and the lowest was US$29.63.
Source · Based on the filing body and exhibits
Cumulative Class A Buyback Details Before February 14
News Corp disclosed that before February 14, 2025, it had bought back 20,994,123 Class A shares for a total of US$423,458,361.01. The highest price during this period 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
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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