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AI English summary of an SEC filing — figures as filed

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News Corp said it operates a repurchase program authorizing it to acquire up to US$1 billion in the aggregate of its Class A common stock and Class B common stock. The company said no ASX-listed CDIs will be repurchased under the program.

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

Key points

AI summary
  1. News Corp said it operates a repurchase program authorizing it to acquire up to US$1 billion in the aggregate of its Class A common stock and Class B common stock. The company said no ASX-listed CDIs will be repurchased under the program.

  2. The company notified the ASX that it repurchased 13,126 shares on May 21, 2025, the previous day, for a total of US$369,378.77, with a highest price paid of US$28.355 and a lowest price paid of US$27.93.

  3. The company said it had repurchased 21,887,934 shares before the previous day for a total of US$447,821,858.49. For that period, the highest price paid was US$30.69 on February 19, 2025, and the lowest price paid was US$14.88 on September 29, 2022.

  4. The company said it has repurchased Class A and Class B shares totaling about US$676,069,487.35 in aggregate consideration paid to date. The company gave "To enhance shareholder value" as the reason for the program.

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.

US$1 billion Share Repurchase Program Overview

News Corp said it operates a repurchase program authorizing it to acquire up to US$1 billion in the aggregate of its Class A common stock 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

Daily Repurchase Activity for May 21, 2025

The company notified the ASX that it repurchased 13,126 shares on May 21, 2025, the previous day, for a total of US$369,378.77, with a highest price paid of US$28.355 and a lowest price paid of US$27.93.

Source · Based on the filing body and exhibits

Cumulative Repurchases and Price Range Before the Previous Day

The company said it had repurchased 21,887,934 shares before the previous day for a total of US$447,821,858.49. For that period, the highest price paid was US$30.69 on February 19, 2025, and the lowest price paid was US$14.88 on September 29, 2022.

Source · Based on the filing body and exhibits

Cumulative Repurchase Amount and Purpose

The company said it has repurchased Class A and Class B shares totaling about US$676,069,487.35 in aggregate consideration paid to date. The company gave "To enhance shareholder value" as the reason for the program.

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.