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