AI English summary of an SEC filing — figures as filed
News Corp said it may repurchase up to US$1 billion in aggregate of its Class A and Class B common stock. The company said it intends to buy back shares from time to time, subject to market conditions and its stock price.
Key points
AI summaryNews Corp said it may repurchase up to US$1 billion in aggregate of its Class A and Class B common stock. The company said it intends to buy back shares from time to time, subject to market conditions and its stock price.
News Corp notified the ASX on a daily basis that it repurchased 14,192 shares for a total of US$381,864.14 on April 2, 2025, the previous trading day. The highest price paid was US$27.12, and the lowest price paid was US$26.04.
The company said it repurchased 21,422,593 shares for a total of US$435,357,176.41 before the previous trading day. The highest price paid in this period was US$30.69 on February 19, 2025, and the lowest was US$14.88 on September 29, 2022.
The company said it has repurchased Class A and Class B shares totaling about US$656,411,558.63 to date, based on total consideration paid. It listed the reason for the buy-back 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 may repurchase up to US$1 billion in aggregate of its Class A and Class B common stock. The company said it intends to buy back shares from time to time, subject to market conditions and its stock price.
Source · Based on the filing body and exhibits
Daily Share Repurchase Details for April 2, 2025
News Corp notified the ASX on a daily basis that it repurchased 14,192 shares for a total of US$381,864.14 on April 2, 2025, the previous trading day. The highest price paid was US$27.12, and the lowest price paid was US$26.04.
Source · Based on the filing body and exhibits
Repurchases Before the Previous Trading Day
The company said it repurchased 21,422,593 shares for a total of US$435,357,176.41 before the previous trading day. The highest price paid in this period was US$30.69 on February 19, 2025, and the lowest was US$14.88 on September 29, 2022.
Source · Based on the filing body and exhibits
Cumulative Program Spending and Purpose
The company said it has repurchased Class A and Class B shares totaling about US$656,411,558.63 to date, based on total consideration paid. It listed the reason for the buy-back 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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