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

1. 01

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

2. 02

   News Corp notified the ASX that on February 24, 2025, the prior day, it bought back 12,993 shares for a total of US$370,926.76. The highest price paid was US$28.79 and the lowest price paid was US$28.37.

3. 03

   The company said it bought back 21,054,291 shares before the prior day for a total of US$425,233,335.82. The highest price paid in that period was US$30.69 (February 19, 2025), and the lowest was US$14.88 (September 29, 2022).

4. 04

   The company said it has bought back Class A and Class B shares worth approximately US$640,523,355.56 in total consideration to date, within the US$1 billion repurchase authorization. It gave "To enhance shareholder value" as the reason for the buy-back.

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.

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.