Skip to content
ChickenStockChickenStock
ResearchFilings

AI English summary of an SEC filing — figures as filed

News Corp logoNews Corp NWS

News Corp said it has been authorized to repurchase up to $1 billion in the aggregate of Class A common stock and Class B common stock under its buy-back program. The company said it intends to make repurchases from time to time, depending on market conditions and the share price.

8-KOther EventsFiled Period of report Summary published (UTC)

Key points

AI summary
  1. News Corp said it has been authorized to repurchase up to $1 billion in the aggregate of Class A common stock and Class B common stock under its buy-back program. The company said it intends to make repurchases from time to time, depending on market conditions and the share price.

  2. In its daily notification to the ASX, the company disclosed that it repurchased 12,993 shares for US$373,483.79 on March 3, 2025, the previous buy-back day. It said the highest price paid that day was US$29.05 and the lowest was US$28.30.

  3. The company said it repurchased a total of 21,119,256 shares for US$427,073,895.61 before the previous buy-back day. It said the highest price paid during this period was US$30.69 on February 19, 2025, and the lowest price paid was US$14.88 on September 29, 2022.

  4. News Corp said it has repurchased Class A and Class B shares worth approximately US$643,411,269.48 to date, based on total consideration paid. The company said it does not repurchase ASX-listed CDIs under this program.

Summary

AI-written

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.

US$1 billion Buy-Back Program Overview

News Corp said it has been authorized to repurchase up to $1 billion in the aggregate of Class A common stock and Class B common stock under its buy-back program. The company said it intends to make repurchases from time to time, depending on market conditions and the share price.

Source · Based on the filing body and exhibits

Daily Buy-Back Details for March 3, 2025

In its daily notification to the ASX, the company disclosed that it repurchased 12,993 shares for US$373,483.79 on March 3, 2025, the previous buy-back day. It said the highest price paid that day was US$29.05 and the lowest was US$28.30.

Source · Based on the filing body and exhibits

Cumulative Repurchases and Consideration Before Previous Buy-Back Day

The company said it repurchased a total of 21,119,256 shares for US$427,073,895.61 before the previous buy-back day. It said the highest price paid during this period was US$30.69 on February 19, 2025, and the lowest price paid was US$14.88 on September 29, 2022.

Source · Based on the filing body and exhibits

Cumulative Repurchase Amount and Repurchase Scope

News Corp said it has repurchased Class A and Class B shares worth approximately US$643,411,269.48 to date, based on total consideration paid. The company said it does not repurchase ASX-listed CDIs under this program.

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.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.