AI English summary of an SEC filing — figures as filed
News Corp NWSNews Corp said it has a buy-back program authorizing up to US$1 billion in the aggregate of Class A and Class B common stock, and that the purpose is to enhance shareholder value.
Key points
AI summaryNews Corp said it has a buy-back program authorizing up to US$1 billion in the aggregate of Class A and Class B common stock, and that the purpose is to enhance shareholder value.
The company told the ASX that on May 19, 2025, the prior trading day, it bought back 12,327 shares of Class A common stock for a total of US$348,100.92, with a highest price paid of US$28.345 and a lowest price of US$28.055.
The company said it bought back 21,863,280 shares of Class A common stock for a total of US$447,125,179.59 before the previous day, May 19. 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 back approximately US$674,935,660.15 of Class A and Class B shares to date, based on total consideration paid. It said the program covers Nasdaq-listed common stock and that no ASX-listed CDIs will be repurchased.
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 Buy-Back Program Overview
News Corp said it has a buy-back program authorizing up to US$1 billion in the aggregate of Class A and Class B common stock, and that the purpose is to enhance shareholder value.
Source · Based on the filing body and exhibits
Class A Daily Buy-Back Details for May 19, 2025
The company told the ASX that on May 19, 2025, the prior trading day, it bought back 12,327 shares of Class A common stock for a total of US$348,100.92, with a highest price paid of US$28.345 and a lowest price of US$28.055.
Source · Based on the filing body and exhibits
Cumulative Shares and Consideration Bought Back Before May 19
The company said it bought back 21,863,280 shares of Class A common stock for a total of US$447,125,179.59 before the previous day, May 19. 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
Cumulative Program Purchases and Eligible Securities
The company said it has bought back approximately US$674,935,660.15 of Class A and Class B shares to date, based on total consideration paid. It said the program covers Nasdaq-listed common stock and that no ASX-listed CDIs will be repurchased.
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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