AI English summary of an SEC filing — figures as filed
The company said its Repurchase Program is authorized to acquire up to $1 billion in the aggregate of Class A common stock and Class B common stock combined, and that it intends to repurchase shares from time to time depending on market conditions and the market price of its stock.
Key points
AI summaryThe company said its Repurchase Program is authorized to acquire up to $1 billion in the aggregate of Class A common stock and Class B common stock combined, and that it intends to repurchase shares from time to time depending on market conditions and the market price of its stock.
The company disclosed that, for Class A common stock, purchases before June 27, 2025 totaled 22,204,096 shares (total consideration of US$456,714,536.92), and that purchases on June 27 totaled 11,527 shares (US$340,181.37).
The company said that, out of the maximum US$1 billion authorized, it has purchased approximately US$690,046,202.91 of Class A and Class B shares combined, based on total consideration paid.
News Corp disclosed that the highest price paid for Class A common stock on June 27 was US$29.625 and the lowest was US$29.31. It said Morgan Stanley & Co. LLC is handling the purchases, and that ASX-listed CDIs will not be repurchased.
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.
Scope of $1 billion Share Repurchase Program Authorization
The company said its Repurchase Program is authorized to acquire up to $1 billion in the aggregate of Class A common stock and Class B common stock combined, and that it intends to repurchase shares from time to time depending on market conditions and the market price of its stock.
Source · Based on the filing body and exhibits
Cumulative Class A Common Stock Repurchase Activity
The company disclosed that, for Class A common stock, purchases before June 27, 2025 totaled 22,204,096 shares (total consideration of US$456,714,536.92), and that purchases on June 27 totaled 11,527 shares (US$340,181.37).
Source · Based on the filing body and exhibits
Cumulative Purchases Against Authorized Limit
The company said that, out of the maximum US$1 billion authorized, it has purchased approximately US$690,046,202.91 of Class A and Class B shares combined, based on total consideration paid.
Source · Based on the filing body and exhibits
Class A Share Price Range and Purchase Method on June 27
News Corp disclosed that the highest price paid for Class A common stock on June 27 was US$29.625 and the lowest was US$29.31. It said Morgan Stanley & Co. LLC is handling the purchases, and that ASX-listed CDIs will not be repurchased.
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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