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AI English summary of an SEC filing — figures as filed

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News Corp said it operates a share repurchase program authorized to buy up to US$1 billion in aggregate of its Class A and Class B common stock from time to time. Under the program, ASX-listed CDIs will not be repurchased.

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

Key points

AI summary
  1. News Corp said it operates a share repurchase program authorized to buy up to US$1 billion in aggregate of its Class A and Class B common stock from time to time. Under the program, ASX-listed CDIs will not be repurchased.

  2. The company told the ASX that on March 17, 2025 it repurchased 13,792 shares for a total of US$373,981.11. The highest price paid that day was US$27.32, and the lowest price paid was US$26.88.

  3. The company said that before March 17, 2025, it had repurchased 21,255,580 shares for a total of US$430,830,249.01. The highest price paid in this period was US$30.69 on February 19, 2025, and the lowest price paid was US$14.88 on September 29, 2022.

  4. The company said it had repurchased Class A and Class B shares for approximately US$649,310,943.39 in total consideration paid, out of the US$1 billion authorized limit to date. The stated purpose of the buy-back was "To enhance shareholder value."

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 Share Repurchase Program

News Corp said it operates a share repurchase program authorized to buy up to US$1 billion in aggregate of its Class A and Class B common stock from time to time. Under the program, ASX-listed CDIs will not be repurchased.

Source · Based on the filing body and exhibits

Daily Buy-Back Details for 2025-03-17

The company told the ASX that on March 17, 2025 it repurchased 13,792 shares for a total of US$373,981.11. The highest price paid that day was US$27.32, and the lowest price paid was US$26.88.

Source · Based on the filing body and exhibits

Cumulative Repurchases Before March 17

The company said that before March 17, 2025, it had repurchased 21,255,580 shares for a total of US$430,830,249.01. The highest price paid in 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 Spending Against US$1 billion Limit

The company said it had repurchased Class A and Class B shares for approximately US$649,310,943.39 in total consideration paid, out of the US$1 billion authorized limit to date. The stated purpose of the buy-back was "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.

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.