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 up to US$1 billion separately 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 up to US$1 billion separately under the 2025 Repurchase Program.
The company said an additional US$1 billion was authorized as of July 15, 2025. It added that subject to market conditions and the market price of the Company's stock, it intends to repurchase from time to time in the open market or otherwise a combination of Class A and Class B common stock, and that ASX-listed CDIs will not be repurchased under these programs.
News Corp disclosed in its ASX daily buy-back notification that it repurchased 72,000 shares for a total of US$1,827,259.20 on December 2, 2025, with cumulative repurchases prior to that day of 27,409,681 shares for US$601,328,385.
The company said it has purchased approximately US$909,183,286 worth of Class A and Class B shares to date under the 2021 Repurchase Program based on total consideration paid. It added that the authorization limit for this program is US$1 billion.
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.
Two share repurchase programs each with US$1 billion authorization limit
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 up to US$1 billion separately under the 2025 Repurchase Program.
Source · Based on the filing body and exhibits
2025 Repurchase Program additional authorization and repurchase method
The company said an additional US$1 billion was authorized as of July 15, 2025. It added that subject to market conditions and the market price of the Company's stock, it intends to repurchase from time to time in the open market or otherwise a combination of Class A and Class B common stock, and that ASX-listed CDIs will not be repurchased under these programs.
Source · Based on the filing body and exhibits
Repurchase activity on December 2, 2025 and prior
News Corp disclosed in its ASX daily buy-back notification that it repurchased 72,000 shares for a total of US$1,827,259.20 on December 2, 2025, with cumulative repurchases prior to that day of 27,409,681 shares for US$601,328,385.
Source · Based on the filing body and exhibits
2021 Repurchase Program cumulative repurchase amount
The company said it has purchased approximately US$909,183,286 worth of Class A and Class B shares to date under the 2021 Repurchase Program based on total consideration paid. It added that the authorization limit for this program is US$1 billion.
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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