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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 under which it may acquire up to US$1 billion in aggregate of its Class A common stock and Class B common stock. The company said it must disclose transactions under the program daily under ASX rules.

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

Key points

AI summary
  1. News Corp said it has a repurchase program under which it may acquire up to US$1 billion in aggregate of its Class A common stock and Class B common stock. The company said it must disclose transactions under the program daily under ASX rules.

  2. The company told the ASX that it bought back 14,192 shares for a total of US$382,111.08 on April 28, 2025. The lowest price paid that day was US$26.735, and the highest price paid that day was US$27.22.

  3. The company disclosed that it bought back 21,663,857 shares for a total of US$441,584,435.82 before April 28. It said cumulative purchases on a total consideration basis were approximately US$666,231,474.49, and the authorized limit is US$1 billion.

  4. News Corp said it plans to repurchase Nasdaq-listed Class A and Class B common stock from time to time in the open market or otherwise. It said no ASX-listed CDIs will be repurchased under the program. The company listed the reason for the buy-back as "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.

US$1 billion Share Repurchase Program

News Corp said it has a repurchase program under which it may acquire up to US$1 billion in aggregate of its Class A common stock and Class B common stock. The company said it must disclose transactions under the program daily under ASX rules.

Source · Based on the filing body and exhibits

Repurchase Activity for April 28, 2025

The company told the ASX that it bought back 14,192 shares for a total of US$382,111.08 on April 28, 2025. The lowest price paid that day was US$26.735, and the highest price paid that day was US$27.22.

Source · Based on the filing body and exhibits

Cumulative Purchases and Program Limit

The company disclosed that it bought back 21,663,857 shares for a total of US$441,584,435.82 before April 28. It said cumulative purchases on a total consideration basis were approximately US$666,231,474.49, and the authorized limit is US$1 billion.

Source · Based on the filing body and exhibits

Purchase Method and Securities Covered

News Corp said it plans to repurchase Nasdaq-listed Class A and Class B common stock from time to time in the open market or otherwise. It said no ASX-listed CDIs will be repurchased under the program. The company 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.

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.