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AI English summary of an SEC filing — figures as filed

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News Corp said it has a stock repurchase program (the "Repurchase Program") authorized to acquire up to $1 billion in the aggregate of its Class A common stock and Class B common stock. It said ASX rules require it to disclose transactions under the program daily.

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

Key points

AI summary
  1. News Corp said it has a stock repurchase program (the "Repurchase Program") authorized to acquire up to $1 billion in the aggregate of its Class A common stock and Class B common stock. It said ASX rules require it to disclose transactions under the program daily.

  2. The company said it intends to repurchase Nasdaq-listed Class A common stock and Class B common stock from time to time in the open market or otherwise, subject to market conditions and the stock price. It also said the program will not repurchase ASX-listed CDIs.

  3. The company disclosed that on March 26, 2025, the prior trading day, it repurchased 13,792 shares of Class A common stock for a total of US$380,173.72. Cumulative repurchases before that day totaled 21,352,524 shares, for US$433,461,056.20.

  4. The company said it has repurchased approximately US$653,447,372.30 of Class A and Class B shares to date, based on total consideration paid. The total authorized amount is US$1 billion.

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.

Scope of $1 billion share repurchase program authorization

News Corp said it has a stock repurchase program (the "Repurchase Program") authorized to acquire up to $1 billion in the aggregate of its Class A common stock and Class B common stock. It said ASX rules require it to disclose transactions under the program daily.

Source · Based on the filing body and exhibits

Covers Nasdaq-listed shares, excludes ASX-listed CDIs

The company said it intends to repurchase Nasdaq-listed Class A common stock and Class B common stock from time to time in the open market or otherwise, subject to market conditions and the stock price. It also said the program will not repurchase ASX-listed CDIs.

Source · Based on the filing body and exhibits

Daily Class A repurchase details for 2025-03-26

The company disclosed that on March 26, 2025, the prior trading day, it repurchased 13,792 shares of Class A common stock for a total of US$380,173.72. Cumulative repurchases before that day totaled 21,352,524 shares, for US$433,461,056.20.

Source · Based on the filing body and exhibits

Cumulative repurchases versus $1 billion authorization

The company said it has repurchased approximately US$653,447,372.30 of Class A and Class B shares to date, based on total consideration paid. The total authorized amount is US$1 billion.

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.