AI English summary of an SEC filing — figures as filed
News Corp said it may acquire up to US$1 billion of Class A and Class B common stock under the 2021 Repurchase Program, and as of July 15, 2025 an additional US$1 billion was authorized under the 2025 Repurchase Program.
Key points
AI summaryNews Corp said it may acquire up to US$1 billion of Class A and Class B common stock under the 2021 Repurchase Program, and as of July 15, 2025 an additional US$1 billion was authorized under the 2025 Repurchase Program.
The company said that under Australian Securities Exchange rules it is required to disclose to the ASX on a daily basis any transactions under the Repurchase Programs, and it attached the ASX submission information as Exhibit 99.1 and Exhibit 99.2 to this 8-K.
News Corp disclosed that it repurchased 56,213 shares of Class A common stock on August 15, 2025 for a total of US$1,668,289.41, and cumulative repurchases prior to that day totaled 22,827,334 shares for US$474,956,220.
The company said it has repurchased approximately US$720,586,550 of Class A and Class B stock under the 2021 Repurchase Program based on total consideration paid, and the limit for this program is US$1 billion.
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
News Corp said it may acquire up to US$1 billion of Class A and Class B common stock under the 2021 Repurchase Program, and as of July 15, 2025 an additional US$1 billion was authorized under the 2025 Repurchase Program.
Source · Based on the filing body and exhibits
Purpose of Daily ASX Repurchase Disclosures
The company said that under Australian Securities Exchange rules it is required to disclose to the ASX on a daily basis any transactions under the Repurchase Programs, and it attached the ASX submission information as Exhibit 99.1 and Exhibit 99.2 to this 8-K.
Source · Based on the filing body and exhibits
Class A Repurchases on August 15, 2025
News Corp disclosed that it repurchased 56,213 shares of Class A common stock on August 15, 2025 for a total of US$1,668,289.41, and cumulative repurchases prior to that day totaled 22,827,334 shares for US$474,956,220.
Source · Based on the filing body and exhibits
2021 Repurchase Program Cumulative Execution
The company said it has repurchased approximately US$720,586,550 of Class A and Class B stock under the 2021 Repurchase Program based on total consideration paid, and the limit for this program is US$1 billion.
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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