AI English summary of an SEC filing — figures as filed
News Corp said its stock repurchase program (the "Repurchase Program") authorizes it to acquire up to US$1 billion in aggregate of its Class A and Class B common stock. It said it intends to repurchase shares from time to time in the open market or otherwise, depending on market conditions and its stock price.
Key points
AI summaryNews Corp said its stock repurchase program (the "Repurchase Program") authorizes it to acquire up to US$1 billion in aggregate of its Class A and Class B common stock. It said it intends to repurchase shares from time to time in the open market or otherwise, depending on market conditions and its stock price.
The company disclosed in its Appendix 3C daily buy-back notification to the ASX that it bought back 14,192 securities for US$381,414.26 on March 14, 2025. The notice covers Class A common stock (ASX Security Code: NWSAA).
The company said it had bought back 21,241,388 securities for a total of US$430,448,834.75 before March 14. The notice listed the highest price paid as US$30.69 on February 19, 2025 and the lowest price paid as US$14.88 on September 29, 2022.
News Corp said it had purchased approximately US$648,722,800.46 of Class A and Class B shares against the US$1 billion authorization to date. The amount is based on total consideration paid. The company also said it does not repurchase ASX-listed CDIs under this 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.
News Corp repurchase authorization of US$1 billion
News Corp said its stock repurchase program (the "Repurchase Program") authorizes it to acquire up to US$1 billion in aggregate of its Class A and Class B common stock. It said it intends to repurchase shares from time to time in the open market or otherwise, depending on market conditions and its stock price.
Source · Based on the filing body and exhibits
Class A daily buy-back notice: March 14, 2025
The company disclosed in its Appendix 3C daily buy-back notification to the ASX that it bought back 14,192 securities for US$381,414.26 on March 14, 2025. The notice covers Class A common stock (ASX Security Code: NWSAA).
Source · Based on the filing body and exhibits
Buy-back volume before March 14, 2025
The company said it had bought back 21,241,388 securities for a total of US$430,448,834.75 before March 14. The notice listed the highest price paid as US$30.69 on February 19, 2025 and the lowest price paid as US$14.88 on September 29, 2022.
Source · Based on the filing body and exhibits
Cumulative buybacks against US$1 billion authorization
News Corp said it had purchased approximately US$648,722,800.46 of Class A and Class B shares against the US$1 billion authorization to date. The amount is based on total consideration paid. The company also 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.
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