AI English summary of an SEC filing — figures as filed
News Corp said it is running a stock repurchase program to buy back up to US$1 billion in total of its Class A common stock and Class B common stock. The company said it will not repurchase any ASX-listed CDIs under this program.
Key points
AI summaryNews Corp said it is running a stock repurchase program to buy back up to US$1 billion in total of its Class A common stock and Class B common stock. The company said it will not repurchase any ASX-listed CDIs under this program.
The company told the ASX that it repurchased 12,993 shares for a total of US$373,969.72 on the previous day, 2025-02-20. The highest price paid that day was US$30.43, and the lowest was US$28.405.
The company disclosed that it repurchased a total of 21,028,305 shares for US$424,488,149.59 before the previous day. The highest price paid in this period was US$30.69 (2025-02-19), and the lowest was US$14.88 (2022-09-29).
The company said it has bought about US$639,359,081.07 worth of Class A and Class B shares so far under the US$1 billion authorization. The company explained that this amount is based on total consideration paid.
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 Stock Repurchase Program
News Corp said it is running a stock repurchase program to buy back up to US$1 billion in total of its Class A common stock and Class B common stock. The company said it will not repurchase any ASX-listed CDIs under this program.
Source · Based on the filing body and exhibits
Daily Repurchase Activity for 2025-02-20
The company told the ASX that it repurchased 12,993 shares for a total of US$373,969.72 on the previous day, 2025-02-20. The highest price paid that day was US$30.43, and the lowest was US$28.405.
Source · Based on the filing body and exhibits
Cumulative Repurchases Before the Previous Day
The company disclosed that it repurchased a total of 21,028,305 shares for US$424,488,149.59 before the previous day. The highest price paid in this period was US$30.69 (2025-02-19), and the lowest was US$14.88 (2022-09-29).
Source · Based on the filing body and exhibits
Cumulative Repurchases Against the US$1 billion Authorization
The company said it has bought about US$639,359,081.07 worth of Class A and Class B shares so far under the US$1 billion authorization. The company explained that this amount is based on total consideration paid.
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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