AI English summary of an SEC filing — figures as filed
News Corp said that in addition to the 2021 Repurchase Program under which the Company is authorized to acquire up to US$1 billion of Class A and Class B common stock in the aggregate, an additional 2025 Repurchase Program of US$1 billion was approved as of July 15, 2025.
Key points
AI summaryNews Corp said that in addition to the 2021 Repurchase Program under which the Company is authorized to acquire up to US$1 billion of Class A and Class B common stock in the aggregate, an additional 2025 Repurchase Program of US$1 billion was approved as of July 15, 2025.
The company said it repurchased 24,272,019 shares for US$517,985,630 on the previous business day before September 26, 2025, and that under the 2021 Repurchase Program it has purchased to date Class A and Class B shares worth approximately US$784,715,473 based on total consideration paid.
News Corp notified the ASX that it repurchased 53,756 shares for US$1,635,703.69 on September 26, 2025, with the highest price paid on that day US$30.545 and the lowest price paid US$30.14.
The company classified this repurchase as an 'Other buy-back', said the broker is Goldman Sachs & Co. LLC, the reason for the repurchase is 'To enhance shareholder value', and that shareholder approval is not required. It also said that ASX-listed CDIs will not be repurchased under this program.
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 Size and Approval Date
News Corp said that in addition to the 2021 Repurchase Program under which the Company is authorized to acquire up to US$1 billion of Class A and Class B common stock in the aggregate, an additional 2025 Repurchase Program of US$1 billion was approved as of July 15, 2025.
Source · Based on the filing body and exhibits
Cumulative Repurchases Under the 2021 Program
The company said it repurchased 24,272,019 shares for US$517,985,630 on the previous business day before September 26, 2025, and that under the 2021 Repurchase Program it has purchased to date Class A and Class B shares worth approximately US$784,715,473 based on total consideration paid.
Source · Based on the filing body and exhibits
Daily Repurchase Activity on September 26, 2025
News Corp notified the ASX that it repurchased 53,756 shares for US$1,635,703.69 on September 26, 2025, with the highest price paid on that day US$30.545 and the lowest price paid US$30.14.
Source · Based on the filing body and exhibits
Repurchase Method, Broker and Purpose
The company classified this repurchase as an 'Other buy-back', said the broker is Goldman Sachs & Co. LLC, the reason for the repurchase is 'To enhance shareholder value', and that shareholder approval is not required. It also said that ASX-listed CDIs will not be repurchased under this program.
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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