AI English summary of an SEC filing — figures as filed
News Corp said it has a repurchase program authorized to buy up to $1 billion in the aggregate of its Class A common stock and Class B common stock combined. The company said no ASX-listed CDIs will be repurchased under this program.
Key points
AI summaryNews Corp said it has a repurchase program authorized to buy up to $1 billion in the aggregate of its Class A common stock and Class B common stock combined. The company said no ASX-listed CDIs will be repurchased under this program.
News Corp reported that it bought back 12,327 Class A shares for a total of US$346,638.94 over the previous business day, 30/05/2025, and bought 21,964,293 shares for a total of US$449,964,255.15 before that.
The company said it has repurchased Class A and Class B shares for approximately US$679,420,517.00 in total consideration paid to date. It reported that the highest price paid for purchases before the previous day was US$30.69, and the lowest price was US$14.88.
The company filed this buy-back as an "Other buy-back" type, listed Morgan Stanley & Co. LLC as the broker, and gave "To enhance shareholder value" as the reason. It said the number of Class A shares on issue subject to the buy-back is 374,319,872.
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 Share Repurchase Program Overview
News Corp said it has a repurchase program authorized to buy up to $1 billion in the aggregate of its Class A common stock and Class B common stock combined. The company said no ASX-listed CDIs will be repurchased under this program.
Source · Based on the filing body and exhibits
Class A Daily Buy-Back Activity (2025-05-30)
News Corp reported that it bought back 12,327 Class A shares for a total of US$346,638.94 over the previous business day, 30/05/2025, and bought 21,964,293 shares for a total of US$449,964,255.15 before that.
Source · Based on the filing body and exhibits
Cumulative Purchases and Price Range
The company said it has repurchased Class A and Class B shares for approximately US$679,420,517.00 in total consideration paid to date. It reported that the highest price paid for purchases before the previous day was US$30.69, and the lowest price was US$14.88.
Source · Based on the filing body and exhibits
Buy-Back Type, Broker, Reason and Shares on Issue
The company filed this buy-back as an "Other buy-back" type, listed Morgan Stanley & Co. LLC as the broker, and gave "To enhance shareholder value" as the reason. It said the number of Class A shares on issue subject to the buy-back is 374,319,872.
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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