News Corp said it received approval for a stock repurchase program authorizing it to buy back up to $1 billion in the aggregate of its Class A common stock and Class B common stock combined. The company said it plans to repurchase shares from time to time in the open market or otherwise, taking into account market conditions and the share price, among other factors.

1. 01

   News Corp said it received approval for a stock repurchase program authorizing it to buy back up to $1 billion in the aggregate of its Class A common stock and Class B common stock combined. The company said it plans to repurchase shares from time to time in the open market or otherwise, taking into account market conditions and the share price, among other factors.

2. 02

   News Corp disclosed that it repurchased 21,951,966 Class A shares for US$449,616,393.37 before May 29, 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.

3. 03

   The company said it repurchased 12,327 Class A shares for US$347,861.78 on May 29, 2025, a single day. The highest price paid that day was US$28.43, and the lowest was US$27.99.

4. 04

   The company said it had repurchased Class A and Class B shares worth approximately US$678,872,124.05 in total consideration, out of the US$1 billion authorization. It also said it does not repurchase ASX-listed CDIs under this program.

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

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