AI English summary of an SEC filing — figures as filed
News Corp said it may purchase up to an aggregate of US$1 billion of Class A and Class B common stock under each of the 2021 program and the program additionally authorized as of July 15, 2025.
Key points
AI summaryNews Corp said it may purchase up to an aggregate of US$1 billion of Class A and Class B common stock under each of the 2021 program and the program additionally authorized as of July 15, 2025.
In its daily buy-back notification for Class A common stock, the company disclosed that it purchased 22,505,930 shares for a total of US$465,602,942.19 before the previous day and 11,527 shares for US$334,586.16 on August 1, 2025.
News Corp said it has purchased Class A and Class B shares worth approximately US$704,056,899.06 based on total consideration paid under the 2021 program. The authorization limit for this program is US$1 billion.
The company said it intends to purchase shares in the open market or otherwise, subject to market conditions and stock price, among other factors, with Morgan Stanley & Co. LLC as the broker, and that ASX-listed CDIs are not subject to repurchase. It also said shareholder approval is not required.
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.
Share Repurchase Program Authorization Limits: 2 Programs
News Corp said it may purchase up to an aggregate of US$1 billion of Class A and Class B common stock under each of the 2021 program and the program additionally authorized as of July 15, 2025.
Source · Based on the filing body and exhibits
Cumulative Class A Common Stock Repurchases
In its daily buy-back notification for Class A common stock, the company disclosed that it purchased 22,505,930 shares for a total of US$465,602,942.19 before the previous day and 11,527 shares for US$334,586.16 on August 1, 2025.
Source · Based on the filing body and exhibits
Cumulative Repurchases under 2021 Program
News Corp said it has purchased Class A and Class B shares worth approximately US$704,056,899.06 based on total consideration paid under the 2021 program. The authorization limit for this program is US$1 billion.
Source · Based on the filing body and exhibits
Repurchase Method, Broker and Conditions
The company said it intends to purchase shares in the open market or otherwise, subject to market conditions and stock price, among other factors, with Morgan Stanley & Co. LLC as the broker, and that ASX-listed CDIs are not subject to repurchase. It also said shareholder approval is not required.
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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