AI English summary of an SEC filing — figures as filed
News Corp said it has a Repurchase Program under which it may buy back up to US$1 billion in total of its Class A common stock and Class B common stock. The company explained that no ASX-listed CDIs will be repurchased under the program.
Key points
AI summaryNews Corp said it has a Repurchase Program under which it may buy back up to US$1 billion in total of its Class A common stock and Class B common stock. The company explained that no ASX-listed CDIs will be repurchased under the program.
The company said it had repurchased approximately US$674,385,497.80 of Class A and Class B shares to date, based on total consideration paid. The total buy-back limit it was authorized to use is US$1 billion.
In its daily buy-back notice to the ASX, the company said it repurchased 12,327 shares for a total of US$347,948.07 on May 16, 2025, the previous trading day. The highest price on that day was US$28.375, and the lowest was US$27.92.
News Corp said in its ASX filing that it had repurchased 21,850,953 shares for a total of US$446,777,231.52 before May 16, 2025. 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.
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 Buy-Back Program Overview
News Corp said it has a Repurchase Program under which it may buy back up to US$1 billion in total of its Class A common stock and Class B common stock. The company explained that no ASX-listed CDIs will be repurchased under the program.
Source · Based on the filing body and exhibits
Cumulative Buy-Backs of About US$674,385,497.80
The company said it had repurchased approximately US$674,385,497.80 of Class A and Class B shares to date, based on total consideration paid. The total buy-back limit it was authorized to use is US$1 billion.
Source · Based on the filing body and exhibits
Daily Buy-Back Activity for May 16, 2025
In its daily buy-back notice to the ASX, the company said it repurchased 12,327 shares for a total of US$347,948.07 on May 16, 2025, the previous trading day. The highest price on that day was US$28.375, and the lowest was US$27.92.
Source · Based on the filing body and exhibits
Cumulative Shares and Consideration Repurchased Before May 16
News Corp said in its ASX filing that it had repurchased 21,850,953 shares for a total of US$446,777,231.52 before May 16, 2025. 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
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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