AI English summary of an SEC filing — figures as filed
News Corp said it is running a buy-back program authorizing it to acquire up to US$1 billion in the aggregate of its Class A and Class B common stock. The company said it intends to repurchase shares from time to time, in the open market or otherwise, depending on market conditions and its share price.
Key points
AI summaryNews Corp said it is running a buy-back program authorizing it to acquire up to US$1 billion in the aggregate of its Class A and Class B common stock. The company said it intends to repurchase shares from time to time, in the open market or otherwise, depending on market conditions and its share price.
In its Appendix 3C daily notification to the Australian Securities Exchange (ASX), News Corp said it bought 12,993 shares of Class A common stock for US$367,435.54 on February 27, 2025, the prior trading day. The notification lists the highest price paid as US$28.42 and the lowest as US$27.98.
News Corp said it bought 21,093,270 shares of Class A common stock for a total of US$426,340,157.52 before the prior day covered by the notification. The notification lists the highest price paid as US$30.69 on February 19, 2025 and the lowest as US$14.88 on September 29, 2022.
The company said it has bought Class A and Class B shares worth approximately US$642,253,198.21 in total consideration to date, out of the US$1 billion authorization. The notification states that the program was introduced on June 5, 2021.
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 Buy-Back Program
News Corp said it is running a buy-back program authorizing it to acquire up to US$1 billion in the aggregate of its Class A and Class B common stock. The company said it intends to repurchase shares from time to time, in the open market or otherwise, depending on market conditions and its share price.
Source · Based on the filing body and exhibits
Class A Common Stock Daily Buy-Back Notice
In its Appendix 3C daily notification to the Australian Securities Exchange (ASX), News Corp said it bought 12,993 shares of Class A common stock for US$367,435.54 on February 27, 2025, the prior trading day. The notification lists the highest price paid as US$28.42 and the lowest as US$27.98.
Source · Based on the filing body and exhibits
Class A Cumulative Purchases Before Prior Day
News Corp said it bought 21,093,270 shares of Class A common stock for a total of US$426,340,157.52 before the prior day covered by the notification. The notification lists the highest price paid as US$30.69 on February 19, 2025 and the lowest as US$14.88 on September 29, 2022.
Source · Based on the filing body and exhibits
Cumulative Program Purchases
The company said it has bought Class A and Class B shares worth approximately US$642,253,198.21 in total consideration to date, out of the US$1 billion authorization. The notification states that the program was introduced on June 5, 2021.
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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