AI English summary of an SEC filing — figures as filed
News Corp said it has a repurchase program under which it may acquire up to $1 billion in aggregate of its Class A and Class B common stock. The company said CDIs listed on the ASX will not be repurchased under the program.
Key points
AI summaryNews Corp said it has a repurchase program under which it may acquire up to $1 billion in aggregate of its Class A and Class B common stock. The company said CDIs listed on the ASX will not be repurchased under the program.
The company told the ASX that it bought back 13,792 shares for a total of US$385,235.39 on March 7, 2025. It said the highest price paid that day was US$28.26 and the lowest was US$27.50.
The company said in its ASX notice that it repurchased 21,171,228 shares before March 7, 2025, for total consideration of US$428,541,243.18. The highest price paid in that period was US$30.69 on February 19, 2025, and the lowest was US$14.88 on September 29, 2022.
News Corp said it has repurchased Class A and Class B shares with a total consideration of about US$645,729,344.63 to date, against an authorization of up to $1 billion. The company gave the reason for the buy-back as "To enhance shareholder value."
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 it has a repurchase program under which it may acquire up to $1 billion in aggregate of its Class A and Class B common stock. The company said CDIs listed on the ASX will not be repurchased under the program.
Source · Based on the filing body and exhibits
Daily Repurchase Activity on March 7, 2025
The company told the ASX that it bought back 13,792 shares for a total of US$385,235.39 on March 7, 2025. It said the highest price paid that day was US$28.26 and the lowest was US$27.50.
Source · Based on the filing body and exhibits
Cumulative Repurchases as of March 7
The company said in its ASX notice that it repurchased 21,171,228 shares before March 7, 2025, for total consideration of US$428,541,243.18. The highest price paid in that period 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 Spending and Reason for Buy-Back
News Corp said it has repurchased Class A and Class B shares with a total consideration of about US$645,729,344.63 to date, against an authorization of up to $1 billion. The company gave the reason for the buy-back as "To enhance shareholder value."
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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