AI English summary of an SEC filing — figures as filed
News Corp said its Repurchase Program allows it to acquire up to US$1 billion in aggregate of its Nasdaq-listed Class A common stock and Class B common stock. The CDIs listed on the ASX will not be repurchased under the program.
Key points
AI summaryNews Corp said its Repurchase Program allows it to acquire up to US$1 billion in aggregate of its Nasdaq-listed Class A common stock and Class B common stock. The CDIs listed on the ASX will not be repurchased under the program.
The company disclosed that on February 25, 2025, the last day it bought back Class A common stock, it repurchased 12,993 shares for total consideration of US$369,558.60. Before that day, it had bought back 21,067,284 shares for US$425,604,262.58 in total.
News Corp said the highest price paid on the last buy-back day was US$28.77 and the lowest was US$28.185. It said the highest price paid across all earlier buy-backs was US$30.69 on February 19, 2025, and the lowest was US$14.88 on September 29, 2022.
The company said it had bought approximately US$641,103,176.80 of Class A and Class B shares, based on total consideration paid, under the US$1 billion authorization. It said it plans to buy back shares from time to time in the open market or otherwise, depending on the market price and market conditions.
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 Share Repurchase Program
News Corp said its Repurchase Program allows it to acquire up to US$1 billion in aggregate of its Nasdaq-listed Class A common stock and Class B common stock. The CDIs listed on the ASX will not be repurchased under the program.
Source · Based on the filing body and exhibits
Class A Daily Buy-Back Details (2025-02-25)
The company disclosed that on February 25, 2025, the last day it bought back Class A common stock, it repurchased 12,993 shares for total consideration of US$369,558.60. Before that day, it had bought back 21,067,284 shares for US$425,604,262.58 in total.
Source · Based on the filing body and exhibits
Purchase Price Range
News Corp said the highest price paid on the last buy-back day was US$28.77 and the lowest was US$28.185. It said the highest price paid across all earlier buy-backs 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 Program Repurchases
The company said it had bought approximately US$641,103,176.80 of Class A and Class B shares, based on total consideration paid, under the US$1 billion authorization. It said it plans to buy back shares from time to time in the open market or otherwise, depending on the market price and market conditions.
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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