AI English summary of an SEC filing — figures as filed
News Corp said it was authorized to repurchase up to $1 billion in aggregate of its Class A and Class B common stock from time to time, and that it intends to buy back shares in the open market or otherwise.
Key points
AI summaryNews Corp said it was authorized to repurchase up to $1 billion in aggregate of its Class A and Class B common stock from time to time, and that it intends to buy back shares in the open market or otherwise.
The company said it bought back 13,792 shares for a total of US$382,383.20 on the previous day, May 5, 2025, at prices ranging from US$27.07 to US$27.84.
The company said it had bought back a cumulative 21,733,617 shares for a total of US$443,474,761.57 before the previous day. It said it has bought back approximately US$669,218,514.15 of Class A and Class B shares in total to date.
The company said it is required under Australian Securities Exchange rules to disclose its share repurchase transactions to the ASX daily, and that the program does not include any repurchases of ASX-listed CDIs.
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 Overview
News Corp said it was authorized to repurchase up to $1 billion in aggregate of its Class A and Class B common stock from time to time, and that it intends to buy back shares in the open market or otherwise.
Source · Based on the filing body and exhibits
Repurchase Results for May 5, 2025
The company said it bought back 13,792 shares for a total of US$382,383.20 on the previous day, May 5, 2025, at prices ranging from US$27.07 to US$27.84.
Source · Based on the filing body and exhibits
Cumulative Repurchases as of Notice Date
The company said it had bought back a cumulative 21,733,617 shares for a total of US$443,474,761.57 before the previous day. It said it has bought back approximately US$669,218,514.15 of Class A and Class B shares in total to date.
Source · Based on the filing body and exhibits
ASX Daily Disclosure Requirements and Repurchase Method
The company said it is required under Australian Securities Exchange rules to disclose its share repurchase transactions to the ASX daily, and that the program does not include any repurchases of ASX-listed CDIs.
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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