AI English summary of an SEC filing — figures as filed
News Corp said it runs a buy-back program that allows it to repurchase up to $1 billion in aggregate of its Class A and Class B common stock. CDIs listed on the ASX are not included in the program.
Key points
AI summaryNews Corp said it runs a buy-back program that allows it to repurchase up to $1 billion in aggregate of its Class A and Class B common stock. CDIs listed on the ASX are not included in the program.
The company told the ASX that on February 21, 2025 it bought back 12,993 shares of Class A common stock for a total of US$371,216.51. The lowest price paid that day was US$28.39, and the highest was US$28.97.
The company told the ASX that before February 21, 2025 it bought back 21,041,298 shares of Class A common stock for a total of US$424,862,119.31. The highest price paid in that period was US$30.69 on February 19, 2025, and the lowest was US$14.88 on September 29, 2022.
The company said it has bought back approximately US$639,941,091.85 of Class A and Class B shares, based on total consideration paid, against the $1 billion authorization. The company listed the purpose of the buy-back as "To enhance shareholder value."
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.
$1 billion Buy-Back Program Authorization
News Corp said it runs a buy-back program that allows it to repurchase up to $1 billion in aggregate of its Class A and Class B common stock. CDIs listed on the ASX are not included in the program.
Source · Based on the filing body and exhibits
Daily Buy-Back Activity for February 21, 2025
The company told the ASX that on February 21, 2025 it bought back 12,993 shares of Class A common stock for a total of US$371,216.51. The lowest price paid that day was US$28.39, and the highest was US$28.97.
Source · Based on the filing body and exhibits
Cumulative Buy-Back Activity Before February 21, 2025
The company told the ASX that before February 21, 2025 it bought back 21,041,298 shares of Class A common stock for a total of US$424,862,119.31. The highest price paid in that period was US$30.69 on February 19, 2025, and the lowest was US$14.88 on September 29, 2022.
Source · Based on the filing body and exhibits
Cumulative Buy-Back Volume Since Program Start
The company said it has bought back approximately US$639,941,091.85 of Class A and Class B shares, based on total consideration paid, against the $1 billion authorization. The company listed the purpose of 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.
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