AI English summary of an SEC filing — figures as filed
The company said its Repurchase Program authorizes it to acquire up to US$1 billion in the aggregate of Class A common stock and Class B common stock. The company said no ASX-listed CDIs will be repurchased under the program.
Key points
AI summaryThe company said its Repurchase Program authorizes it to acquire up to US$1 billion in the aggregate of Class A common stock and Class B common stock. The company said no ASX-listed CDIs will be repurchased under the program.
News Corp said its daily Appendix 3C notification to the ASX showed it repurchased 12,993 shares for a total of US$364,712.21 on March 5, 2025. The highest price paid was US$28.30, and the lowest price paid was US$27.565.
The company said it repurchased 21,145,242 shares for a total of US$427,810,957.32 before March 5, 2025. The highest price paid in that period was US$30.69 (on February 19, 2025), and the lowest price paid was US$14.88 (on September 29, 2022).
News Corp said it has purchased approximately US$644,552,238.75 worth of Class A and Class B shares, based on total consideration paid, against the US$1 billion authorized under the program. The company gave "To enhance shareholder value" as the reason for the program.
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 Buyback Program
The company said its Repurchase Program authorizes it to acquire up to US$1 billion in the aggregate of Class A common stock and Class B common stock. The company said no ASX-listed CDIs will be repurchased under the program.
Source · Based on the filing body and exhibits
Daily Repurchases and Consideration on March 5
News Corp said its daily Appendix 3C notification to the ASX showed it repurchased 12,993 shares for a total of US$364,712.21 on March 5, 2025. The highest price paid was US$28.30, and the lowest price paid was US$27.565.
Source · Based on the filing body and exhibits
Repurchases and Consideration Before March 5
The company said it repurchased 21,145,242 shares for a total of US$427,810,957.32 before March 5, 2025. The highest price paid in that 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 Spending Against US$1 billion Authorization
News Corp said it has purchased approximately US$644,552,238.75 worth of Class A and Class B shares, based on total consideration paid, against the US$1 billion authorized under the program. The company gave "To enhance shareholder value" as the reason for the 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.
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