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News Corp said it is running a stock repurchase program for up to US$1 billion in the aggregate of its Class A and Class B common stock. The company said the program covers Nasdaq-listed shares and does not repurchase ASX-listed CDIs.

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

Key points

AI summary
  1. News Corp said it is running a stock repurchase program for up to US$1 billion in the aggregate of its Class A and Class B common stock. The company said the program covers Nasdaq-listed shares and does not repurchase ASX-listed CDIs.

  2. The company said that in its ASX Appendix 3C daily notification, it bought back 13,792 Class A shares for a total consideration of US$379,787.55 on the previous trading day, May 2, 2025. The highest price that day was US$27.64, and the lowest was US$27.095.

  3. News Corp said it bought back 21,719,825 Class A shares for a total consideration of US$443,094,974.02 before the previous trading day. The highest price in that period was US$30.69 on February 19, 2025, and the lowest was US$14.88 on September 29, 2022.

  4. The company said it has bought back approximately US$668,614,036.68 of Class A and Class B shares, based on total consideration paid, against the US$1 billion authorization. It said this notification updates its initial notification dated September 22, 2021.

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 Stock Repurchase Program

News Corp said it is running a stock repurchase program for up to US$1 billion in the aggregate of its Class A and Class B common stock. The company said the program covers Nasdaq-listed shares and does not repurchase ASX-listed CDIs.

Source · Based on the filing body and exhibits

ASX Appendix 3C Daily Notification: Purchases on May 2

The company said that in its ASX Appendix 3C daily notification, it bought back 13,792 Class A shares for a total consideration of US$379,787.55 on the previous trading day, May 2, 2025. The highest price that day was US$27.64, and the lowest was US$27.095.

Source · Based on the filing body and exhibits

Class A Share Repurchases and Consideration Before May 2

News Corp said it bought back 21,719,825 Class A shares for a total consideration of US$443,094,974.02 before the previous trading day. The highest price in that 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 Repurchases Under the Program

The company said it has bought back approximately US$668,614,036.68 of Class A and Class B shares, based on total consideration paid, against the US$1 billion authorization. It said this notification updates its initial notification dated September 22, 2021.

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.