AI English summary of an SEC filing — figures as filed
News Corp said it is running a repurchase program of up to US$1 billion in the aggregate for its Class A and Class B common stock. The company said no ASX-listed CDIs will be repurchased under the program.
Key points
AI summaryNews Corp said it is running a repurchase program of up to US$1 billion in the aggregate for its Class A and Class B common stock. The company said no ASX-listed CDIs will be repurchased under the program.
News Corp told the ASX that on the prior trading day, May 13, 2025, it bought back 12,327 shares for a total of US$351,091.45. The highest price paid that day was US$28.665, and the lowest price was US$27.99.
The company said it has repurchased approximately US$672,733,527.93 of Class A and Class B shares to date, based on total consideration paid. The authorization limit is US$1 billion.
News Corp told the ASX that it bought back 21,813,972 shares before May 13, 2025, for a total consideration of US$445,730,229.15. The company stated the reason for the buy-back as "To enhance shareholder value."
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.
News Corp US$1 billion Stock Repurchase Program
News Corp said it is running a repurchase program of up to US$1 billion in the aggregate for its Class A and Class B common stock. The company said no ASX-listed CDIs will be repurchased under the program.
Source · Based on the filing body and exhibits
Buy-Back Activity for May 13, 2025
News Corp told the ASX that on the prior trading day, May 13, 2025, it bought back 12,327 shares for a total of US$351,091.45. The highest price paid that day was US$28.665, and the lowest price was US$27.99.
Source · Based on the filing body and exhibits
Cumulative Repurchase Amount
The company said it has repurchased approximately US$672,733,527.93 of Class A and Class B shares to date, based on total consideration paid. The authorization limit is US$1 billion.
Source · Based on the filing body and exhibits
Cumulative Shares Repurchased and Consideration Before Prior Day
News Corp told the ASX that it bought back 21,813,972 shares before May 13, 2025, for a total consideration of US$445,730,229.15. The company stated 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.
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