News Corp said its buy-back program allows it to repurchase up to $1 billion in total of Class A and Class B common stock, and that the reason for the buy-back is "To enhance shareholder value."

1. 01

   News Corp said its buy-back program allows it to repurchase up to $1 billion in total of Class A and Class B common stock, and that the reason for the buy-back is "To enhance shareholder value."

2. 02

   The company told the ASX that it bought back 13,126 shares on June 10, 2025 for a total consideration of US$366,237.71. The highest price paid that day was US$28.015, and the lowest was US$27.68.

3. 03

   The company said it had bought back 22,054,577 shares for total consideration of US$452,482,950.97 before the previous day. It also disclosed that, since the program was introduced, it has bought back about US$683,423,885.82 of Class A and Class B shares combined.

4. 04

   News Corp said it will not repurchase any ASX-listed CDIs under this program and plans to repurchase Nasdaq-listed Class A and Class B common stock from time to time, including in the open market. It explained that ASX rules require it to disclose these transactions to the ASX every day.

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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