AI English summary of an SEC filing — figures as filed
News Corp said its repurchase program allows it to buy back up to $1 billion in the aggregate of Class A common stock and Class B common stock. No CDIs listed on the ASX will be repurchased under the program.
Key points
AI summaryNews Corp said its repurchase program allows it to buy back up to $1 billion in the aggregate of Class A common stock and Class B common stock. No CDIs listed on the ASX will be repurchased under the program.
The company notified the ASX that it repurchased 12,327 shares on May 20, 2025 for a total of US$348,577.98. The highest price paid that day was US$28.385, and the lowest was US$28.165.
The company notified the ASX that it repurchased 21,875,607 shares for a total of US$447,473,280.51 before May 20, 2025. For that period, the highest price paid was US$30.69 on February 19, 2025, and the lowest was US$14.88 on September 29, 2022.
The company said it has repurchased Class A and Class B shares worth about US$675,486,266.22 in total consideration to date, out of the US$1 billion authorization. It said the purpose of the buybacks is 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.
Repurchase Program Limit and Scope
News Corp said its repurchase program allows it to buy back up to $1 billion in the aggregate of Class A common stock and Class B common stock. No CDIs listed on the ASX will be repurchased under the program.
Source · Based on the filing body and exhibits
Daily Class A Common Stock Repurchases (May 20, 2025)
The company notified the ASX that it repurchased 12,327 shares on May 20, 2025 for a total of US$348,577.98. The highest price paid that day was US$28.385, and the lowest was US$28.165.
Source · Based on the filing body and exhibits
Cumulative Repurchases Before the Prior Day
The company notified the ASX that it repurchased 21,875,607 shares for a total of US$447,473,280.51 before May 20, 2025. For that period, the highest price paid 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 Execution
The company said it has repurchased Class A and Class B shares worth about US$675,486,266.22 in total consideration to date, out of the US$1 billion authorization. It said the purpose of the buybacks is 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.
Loading the filing text…