AI English summary of an SEC filing — figures as filed
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.
Key points
AI summaryNews 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.
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.
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.
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-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 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.
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