News Corp said its repurchase program covers up to US$1 billion in Class A and Class B common stock combined. The company cited enhancing shareholder value as the reason. It 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 Class A and Class B common stock combined. The company cited enhancing shareholder value as the reason. It said no ASX-listed CDIs will be repurchased under the program.

2. 02

   The company disclosed that it repurchased 21,106,263 shares for a total of US$426,707,593.06 in the period before February 28, 2025. The highest price paid in the period was US$30.69 on February 19, 2025, and the lowest was US$14.88 on September 29, 2022.

3. 03

   News Corp said it repurchased 12,993 shares for a total of US$366,302.55 on February 28, 2025. The highest price paid that day was US$28.68, and the lowest was US$28.00.

4. 04

   The company said it had bought back approximately US$642,827,284.89 of Class A and Class B shares to date, based on total consideration paid, against the US$1 billion authorization. The program was introduced on June 5, 2021.

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

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