AI English summary of an SEC filing — figures as filed
News Corp said it has a 2021 Repurchase Program under which it may acquire up to US$1 billion in the aggregate of its Class A and Class B common stock, and a 2025 Repurchase Program additionally authorized as of July 15, 2025 for US$1 billion.
Key points
AI summaryNews Corp said it has a 2021 Repurchase Program under which it may acquire up to US$1 billion in the aggregate of its Class A and Class B common stock, and a 2025 Repurchase Program additionally authorized as of July 15, 2025 for US$1 billion.
The company disclosed in Appendix 3C daily notification that cumulative purchases prior to August 28, 2025 totaled 23,328,337 shares with total consideration of US$489,898,546, and purchases on August 28 were 56,213 shares for US$1,655,826.99.
News Corp said it has purchased Class A and Class B shares worth approximately US$743,017,712 in the aggregate based on total consideration paid to date under the 2021 Repurchase Program.
The company said this repurchase is an Other buy-back under Appendix 3C, the broker is Goldman Sachs & Co. LLC, and the purpose is to enhance shareholder value. It added that ASX-listed CDIs are not subject to repurchase.
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 Amounts
News Corp said it has a 2021 Repurchase Program under which it may acquire up to US$1 billion in the aggregate of its Class A and Class B common stock, and a 2025 Repurchase Program additionally authorized as of July 15, 2025 for US$1 billion.
Source · Based on the filing body and exhibits
Class A Repurchase Status (Appendix 3C Daily Notification)
The company disclosed in Appendix 3C daily notification that cumulative purchases prior to August 28, 2025 totaled 23,328,337 shares with total consideration of US$489,898,546, and purchases on August 28 were 56,213 shares for US$1,655,826.99.
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$743,017,712 in the aggregate based on total consideration paid to date under the 2021 Repurchase Program.
Source · Based on the filing body and exhibits
Repurchase Method, Broker, Purpose and ASX Notification
The company said this repurchase is an Other buy-back under Appendix 3C, the broker is Goldman Sachs & Co. LLC, and the purpose is to enhance shareholder value. It added that ASX-listed CDIs are not subject to repurchase.
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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