AI English summary of an SEC filing — figures as filed
News Corp said it may acquire up to US$1 billion of Class A and Class B common stock combined under the 2021 Repurchase Program, and an additional US$1 billion authorized as of July 15, 2025 under the 2025 Repurchase Program.
Key points
AI summaryNews Corp said it may acquire up to US$1 billion of Class A and Class B common stock combined under the 2021 Repurchase Program, and an additional US$1 billion authorized as of July 15, 2025 under the 2025 Repurchase Program.
The company notified the ASX of a daily buy-back notification that it repurchased 80,000 shares for a total consideration of US$2,004,312.00 on the previous trading day, November 20, 2025. The highest price paid on that day was US$25.46 and the lowest price paid was US$24.78.
News Corp said it has purchased Class A and Class B shares worth approximately US$889,936,687 in the aggregate based on total consideration paid to date under the 2021 Repurchase Program. Purchases prior to the previous trading day were disclosed as 26,897,681 shares for US$588,279,828.
The company informed the ASX that the total number of Class A common stock on issue is 372,723,535 shares, Goldman Sachs & Co. LLC will act as broker for the repurchases, and shareholder approval is not required. The company said the reason for the buy-back is to enhance shareholder value, and no ASX-listed CDIs will 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.
Authorization limits for 2021 and 2025 share repurchase programs
News Corp said it may acquire up to US$1 billion of Class A and Class B common stock combined under the 2021 Repurchase Program, and an additional US$1 billion authorized as of July 15, 2025 under the 2025 Repurchase Program.
Source · Based on the filing body and exhibits
Number of shares and consideration for repurchases on November 20, 2025
The company notified the ASX of a daily buy-back notification that it repurchased 80,000 shares for a total consideration of US$2,004,312.00 on the previous trading day, November 20, 2025. The highest price paid on that day was US$25.46 and the lowest price paid was US$24.78.
Source · Based on the filing body and exhibits
Cumulative repurchase amount under 2021 program
News Corp said it has purchased Class A and Class B shares worth approximately US$889,936,687 in the aggregate based on total consideration paid to date under the 2021 Repurchase Program. Purchases prior to the previous trading day were disclosed as 26,897,681 shares for US$588,279,828.
Source · Based on the filing body and exhibits
Class A shares on issue and repurchase method and broker
The company informed the ASX that the total number of Class A common stock on issue is 372,723,535 shares, Goldman Sachs & Co. LLC will act as broker for the repurchases, and shareholder approval is not required. The company said the reason for the buy-back is to enhance shareholder value, and no ASX-listed CDIs will 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.
Loading the filing text…