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

1. 01

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

2. 02

   The company said that under the program it has repurchased approximately US$677,221,174.53 of Class A and Class B shares to date, based on total consideration paid.

3. 03

   News Corp said it bought back Class A common stock on the ASX disclosure as follows: in the period before the previous day, 21,914,186 shares for a total of US$448,555,475.88 from 2025-05-23; and on the previous day, 13,126 shares for US$364,157.24 on 2025-05-23. The highest price paid on 2025-05-23 was US$27.985, and the lowest price was US$27.24.

4. 04

   The company gave shareholder value enhancement as the reason for the buy-back and named Morgan Stanley & Co. LLC as the broker. It said the buy-back does not require security holder approval.

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.

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.