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News Corp said its Repurchase Program, under which it may buy back up to $1 billion in aggregate of Class A and Class B common stock, has been authorized.

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

Key points

AI summary
  1. News Corp said its Repurchase Program, under which it may buy back up to $1 billion in aggregate of Class A and Class B common stock, has been authorized.

  2. The company said it bought back 11,394 shares on February 18, 2025 for a total of US$342,349.82, with the highest price paid at US$30.31 and the lowest at US$29.875.

  3. The company told the ASX that before February 18, 2025 it had repurchased 21,005,517 Class A common shares for a total of US$423,799,013.13.

  4. The company said it has bought back approximately US$638,226,152.18 worth of Class A and Class B shares to date, based on total consideration paid, against its $1 billion authorization.

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.

Repurchase Program Authorization Limit

News Corp said its Repurchase Program, under which it may buy back up to $1 billion in aggregate of Class A and Class B common stock, has been authorized.

Source · Based on the filing body and exhibits

Daily Class A Share Repurchases

The company said it bought back 11,394 shares on February 18, 2025 for a total of US$342,349.82, with the highest price paid at US$30.31 and the lowest at US$29.875.

Source · Based on the filing body and exhibits

Cumulative Repurchases Before Prior Day

The company told the ASX that before February 18, 2025 it had repurchased 21,005,517 Class A common shares for a total of US$423,799,013.13.

Source · Based on the filing body and exhibits

Cumulative Program Spending

The company said it has bought back approximately US$638,226,152.18 worth of Class A and Class B shares to date, based on total consideration paid, against its $1 billion authorization.

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.