AI English summary of an SEC filing — figures as filed
News Corp NWSNews Corp said it is authorized to acquire up to $1 billion of its Class A common stock and Class B common stock combined under the 2021 Repurchase Program, and an additional $1 billion under the 2025 Repurchase Program. The 2025 Repurchase Program was authorized as of July 15, 2025.
Key points
AI summaryNews Corp said it is authorized to acquire up to $1 billion of its Class A common stock and Class B common stock combined under the 2021 Repurchase Program, and an additional $1 billion under the 2025 Repurchase Program. The 2025 Repurchase Program was authorized as of July 15, 2025.
The company said that under Australian Securities Exchange (ASX) rules, it is required to disclose to the ASX on a daily basis any transactions under its stock repurchase programs. This 8-K attaches copies of the information provided to the ASX as Exhibit 99.1 and Exhibit 99.2.
News Corp said it has purchased Class A and Class B shares worth approximately US$804,742,368 to date under the 2021 Repurchase Program, based on total consideration paid. On the previous trading day, 08/10/2025, it disclosed the purchase of 65,233 shares for US$1,762,934.87.
In the ASX notification, the company designated the repurchase type as Other buy-back, identified Goldman Sachs & Co. LLC as the broker, and said repurchase consideration will be paid in USD. It explained that the total number of Class A shares issued is 374,773,490 and 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 Authorization Limits
News Corp said it is authorized to acquire up to $1 billion of its Class A common stock and Class B common stock combined under the 2021 Repurchase Program, and an additional $1 billion under the 2025 Repurchase Program. The 2025 Repurchase Program was authorized as of July 15, 2025.
Source · Based on the filing body and exhibits
ASX Daily Share Repurchase Disclosure Requirement
The company said that under Australian Securities Exchange (ASX) rules, it is required to disclose to the ASX on a daily basis any transactions under its stock repurchase programs. This 8-K attaches copies of the information provided to the ASX as Exhibit 99.1 and Exhibit 99.2.
Source · Based on the filing body and exhibits
2021 Program Cumulative Repurchases and Previous Trading Day Repurchase
News Corp said it has purchased Class A and Class B shares worth approximately US$804,742,368 to date under the 2021 Repurchase Program, based on total consideration paid. On the previous trading day, 08/10/2025, it disclosed the purchase of 65,233 shares for US$1,762,934.87.
Source · Based on the filing body and exhibits
ASX Notification: Repurchase Type, Broker and Shares Issued
In the ASX notification, the company designated the repurchase type as Other buy-back, identified Goldman Sachs & Co. LLC as the broker, and said repurchase consideration will be paid in USD. It explained that the total number of Class A shares issued is 374,773,490 and 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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