AI English summary of an SEC filing — figures as filed
News Corp said it disclosed Class A common stock repurchases on a daily basis under ASX rules, repurchasing 56,213 shares for a total consideration of US$1,658,862.49 on 2025-08-18.
Key points
AI summaryNews Corp said it disclosed Class A common stock repurchases on a daily basis under ASX rules, repurchasing 56,213 shares for a total consideration of US$1,658,862.49 on 2025-08-18.
The company said it repurchased 22,883,547 shares for a total consideration of US$476,624,509 through 2025-08-18, and under the 2021 Repurchase Program it has purchased Class A and Class B shares worth approximately US$723,080,468 based on total consideration paid.
News Corp said it is authorized to acquire up to US$1 billion in the aggregate of Class A and Class B common stock under the 2021 Repurchase Program and an additional amount authorized as of July 15, 2025 under the 2025 Repurchase Program.
The company said it intends to repurchase Class A and Class B common stock from time to time in the open market or otherwise, subject to market conditions and the market price of the Company's stock. It added that Goldman Sachs & Co. LLC is the broker and the reason for the buy-back is to enhance shareholder value.
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.
Class A common stock daily repurchase notification
News Corp said it disclosed Class A common stock repurchases on a daily basis under ASX rules, repurchasing 56,213 shares for a total consideration of US$1,658,862.49 on 2025-08-18.
Source · Based on the filing body and exhibits
Cumulative repurchases under the 2021 Repurchase Program
The company said it repurchased 22,883,547 shares for a total consideration of US$476,624,509 through 2025-08-18, and under the 2021 Repurchase Program it has purchased Class A and Class B shares worth approximately US$723,080,468 based on total consideration paid.
Source · Based on the filing body and exhibits
Two repurchase programs totaling US$1 billion
News Corp said it is authorized to acquire up to US$1 billion in the aggregate of Class A and Class B common stock under the 2021 Repurchase Program and an additional amount authorized as of July 15, 2025 under the 2025 Repurchase Program.
Source · Based on the filing body and exhibits
Repurchase method, broker and purpose
The company said it intends to repurchase Class A and Class B common stock from time to time in the open market or otherwise, subject to market conditions and the market price of the Company's stock. It added that Goldman Sachs & Co. LLC is the broker and the reason for the buy-back is to enhance shareholder value.
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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