AI English summary of an SEC filing — figures as filed
The company said it runs a stock repurchase program under which it may buy up to US$1 billion in the aggregate of its Class A and Class B common stock from time to time. It cited To enhance shareholder value as the reason for the buy-back.
Key points
AI summaryThe company said it runs a stock repurchase program under which it may buy up to US$1 billion in the aggregate of its Class A and Class B common stock from time to time. It cited To enhance shareholder value as the reason for the buy-back.
News Corp told the ASX that on May 9, 2025, the prior day, it bought back 12,993 Class A common shares for US$365,068.22, with a daily high price of US$28.93 and a low price of US$27.89.
The company said that before May 9, 2025, the prior day, it had bought back a total of 21,787,986 Class A common shares for US$444,998,738.84. It said the highest price paid in that 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 bought approximately US$671,597,754.13 worth of Class A and Class B shares to date, based on total consideration paid. It said its authorized limit is US$1 billion in the aggregate.
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 Stock Repurchase Program Overview
The company said it runs a stock repurchase program under which it may buy up to US$1 billion in the aggregate of its Class A and Class B common stock from time to time. It cited To enhance shareholder value as the reason for the buy-back.
Source · Based on the filing body and exhibits
May 9, 2025 Daily Class A Repurchases
News Corp told the ASX that on May 9, 2025, the prior day, it bought back 12,993 Class A common shares for US$365,068.22, with a daily high price of US$28.93 and a low price of US$27.89.
Source · Based on the filing body and exhibits
Cumulative Class A Buybacks Before May 9
The company said that before May 9, 2025, the prior day, it had bought back a total of 21,787,986 Class A common shares for US$444,998,738.84. It said the highest price paid 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
Total Cumulative Repurchases Under the Program
The company said it has bought approximately US$671,597,754.13 worth of Class A and Class B shares to date, based on total consideration paid. It said its authorized limit is US$1 billion in the aggregate.
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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