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AI English summary of an SEC filing — figures as filed

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News Corp said it has a repurchase program (the "Repurchase Program") authorizing it to acquire up to US$1 billion in the aggregate of its Class A and Class B common stock. The company said no ASX-listed CDIs will be repurchased under the program.

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

Key points

AI summary
  1. News Corp said it has a repurchase program (the "Repurchase Program") authorizing it to acquire up to US$1 billion in the aggregate of its Class A and Class B common stock. The company said no ASX-listed CDIs will be repurchased under the program.

  2. In its daily buy-back notice to the ASX (Appendix 3C), the company reported that for the prior business day, April 24, 2025, it repurchased 14,192 shares for total consideration of US$380,447.78. The highest price paid that day was US$26.945, and the lowest was US$26.405.

  3. The company said it repurchased 21,635,473 shares for total consideration of US$440,821,940.82 before April 24. For this period, the highest price paid was US$30.69 on February 19, 2025, and the lowest was US$14.88 on September 29, 2022.

  4. News Corp said it has bought Class A and Class B shares worth approximately US$665,025,224.18 on a total consideration basis, out of the US$1 billion authorized under the program. The company said the purpose of the buy-back is to enhance shareholder value.

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.

Repurchase Program Authorization of US$1 billion

News Corp said it has a repurchase program (the "Repurchase Program") authorizing it to acquire up to US$1 billion in the aggregate of its Class A and Class B common stock. The company said no ASX-listed CDIs will be repurchased under the program.

Source · Based on the filing body and exhibits

Daily Share Repurchase Activity for April 24, 2025

In its daily buy-back notice to the ASX (Appendix 3C), the company reported that for the prior business day, April 24, 2025, it repurchased 14,192 shares for total consideration of US$380,447.78. The highest price paid that day was US$26.945, and the lowest was US$26.405.

Source · Based on the filing body and exhibits

Cumulative Repurchases and High and Low Prices Before April 24

The company said it repurchased 21,635,473 shares for total consideration of US$440,821,940.82 before April 24. For this period, the highest price paid 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

Approximately US$665,025,224.18 Cumulative Repurchases Under the Program

News Corp said it has bought Class A and Class B shares worth approximately US$665,025,224.18 on a total consideration basis, out of the US$1 billion authorized under the program. The company said the purpose of the buy-back is 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.

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.