AI English summary of an SEC filing — figures as filed
News Corp said it may purchase up to US$1 billion of Class A common stock and Class B common stock combined under the 2021 Repurchase Program and up to US$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 may purchase up to US$1 billion of Class A common stock and Class B common stock combined under the 2021 Repurchase Program and up to US$1 billion under the 2025 Repurchase Program. The 2025 Repurchase Program was authorized as of July 15, 2025.
The company notified the ASX that it repurchased 70,004 shares for a total of US$1,870,506.88 on November 12, 2025. The highest price paid that day was US$26.85 and the lowest was US$26.58.
The company notified that it repurchased 26,471,269 shares for a total of US$577,236,325 on the previous day. It added that under the 2021 Repurchase Program it has purchased approximately US$873,256,442 worth of Class A and Class B shares based on total consideration paid.
News Corp said Goldman Sachs & Co. LLC will offer to repurchase securities on its behalf and that shareholder approval is not required. The company cited enhancing shareholder value as the reason for the repurchase and explained 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 Amounts
News Corp said it may purchase up to US$1 billion of Class A common stock and Class B common stock combined under the 2021 Repurchase Program and up to US$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
Daily Repurchase Activity on November 12, 2025
The company notified the ASX that it repurchased 70,004 shares for a total of US$1,870,506.88 on November 12, 2025. The highest price paid that day was US$26.85 and the lowest was US$26.58.
Source · Based on the filing body and exhibits
Cumulative Repurchase Results under 2021 Program
The company notified that it repurchased 26,471,269 shares for a total of US$577,236,325 on the previous day. It added that under the 2021 Repurchase Program it has purchased approximately US$873,256,442 worth of Class A and Class B shares based on total consideration paid.
Source · Based on the filing body and exhibits
Repurchase Method and Purpose
News Corp said Goldman Sachs & Co. LLC will offer to repurchase securities on its behalf and that shareholder approval is not required. The company cited enhancing shareholder value as the reason for the repurchase and explained 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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