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AI English summary of an SEC filing — figures as filed

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The company said it operates a stock repurchase program (the "Repurchase Program") under which it is authorized to acquire up to $1 billion in the aggregate of its Class A and Class B common stock.

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

Key points

AI summary
  1. The company said it operates a stock repurchase program (the "Repurchase Program") under which it is authorized to acquire up to $1 billion in the aggregate of its Class A and Class B common stock.

  2. The company said that on the previous trading day, 12/05/2025, it bought back 12,993 shares for US$366,422.09, and before that it bought back 21,800,979 shares for US$445,363,807.06.

  3. The company said that, in total across Class A and Class B shares, it has bought back approximately US$672,177,858.94 worth based on total consideration paid. The highest price on the previous trading day was US$28.78, and the lowest price was US$28.045.

  4. The company said it intends to repurchase Nasdaq-listed Class A and Class B shares from time to time in the open market or otherwise, and that no ASX-listed CDIs will be repurchased under the program. Morgan Stanley & Co. LLC is the broker.

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.

$1 billion Stock Repurchase Program

The company said it operates a stock repurchase program (the "Repurchase Program") under which it is authorized to acquire up to $1 billion in the aggregate of its Class A and Class B common stock.

Source · Based on the filing body and exhibits

Class A Daily Buy-Back Notification (2025-05-12)

The company said that on the previous trading day, 12/05/2025, it bought back 12,993 shares for US$366,422.09, and before that it bought back 21,800,979 shares for US$445,363,807.06.

Source · Based on the filing body and exhibits

Cumulative Purchases and Previous-Day Price Range

The company said that, in total across Class A and Class B shares, it has bought back approximately US$672,177,858.94 worth based on total consideration paid. The highest price on the previous trading day was US$28.78, and the lowest price was US$28.045.

Source · Based on the filing body and exhibits

Repurchase Method and Broker; ASX-Listed CDIs Excluded

The company said it intends to repurchase Nasdaq-listed Class A and Class B shares from time to time in the open market or otherwise, and that no ASX-listed CDIs will be repurchased under the program. Morgan Stanley & Co. LLC is the broker.

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.