AI English summary of an SEC filing — figures as filed
News Corp said it has a repurchase program covering up to US$1 billion in aggregate of Class A common stock and Class B common stock, and that it intends to repurchase shares from time to time, taking into account market conditions and its share price.
Key points
AI summaryNews Corp said it has a repurchase program covering up to US$1 billion in aggregate of Class A common stock and Class B common stock, and that it intends to repurchase shares from time to time, taking into account market conditions and its share price.
The company said that on 01/04/2025, the last trading day before the filing, it bought back 13,942 Class A shares for a total of US$378,233.91. The highest price paid that day was US$27.435, and the lowest was US$26.795.
News Corp disclosed that before the previous day it had bought back 21,408,651 Class A shares for a total of US$434,978,942.50. The highest price paid in that period was US$30.69 on 19/02/2025, and the lowest was US$14.88 on 29/09/2022.
The company said it had bought back about US$655,813,233.86 worth of Class A and Class B shares, based on total consideration paid, against its authorization of US$1 billion. It gave the reason for the buybacks as 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 has a repurchase program covering up to US$1 billion in aggregate of Class A common stock and Class B common stock, and that it intends to repurchase shares from time to time, taking into account market conditions and its share price.
Source · Based on the filing body and exhibits
Class A Common Stock Buybacks for the Previous Day
The company said that on 01/04/2025, the last trading day before the filing, it bought back 13,942 Class A shares for a total of US$378,233.91. The highest price paid that day was US$27.435, and the lowest was US$26.795.
Source · Based on the filing body and exhibits
Cumulative Class A Buybacks Before the Previous Day
News Corp disclosed that before the previous day it had bought back 21,408,651 Class A shares for a total of US$434,978,942.50. The highest price paid in that period was US$30.69 on 19/02/2025, and the lowest was US$14.88 on 29/09/2022.
Source · Based on the filing body and exhibits
Cumulative Program Spending and Purpose of Buybacks
The company said it had bought back about US$655,813,233.86 worth of Class A and Class B shares, based on total consideration paid, against its authorization of US$1 billion. It gave the reason for the buybacks as 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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