AI English summary of an SEC filing — figures as filed
News Corp said it may repurchase up to US$1 billion in aggregate of its Nasdaq-listed Class A and Class B common stock under its 2025 Repurchase Program, as authorized as of July 15, 2025.
Key points
AI summaryNews Corp said it may repurchase up to US$1 billion in aggregate of its Nasdaq-listed Class A and Class B common stock under its 2025 Repurchase Program, as authorized as of July 15, 2025.
The company said it repurchased 58,482 shares of Class A common stock for a total of US$1,705,539.81 on October 9, 2026. It disclosed that its cumulative repurchases before that day were 13,045,264 shares, or US$343,050,604.56.
The company said it has repurchased approximately US$525,243,031 of Class A and Class B shares since the program began, based on total consideration paid. It said the lowest price paid on October 9, 2026 was US$28.91 and the highest was US$29.35.
The company said it is buying back shares for cash through Goldman Sachs & Co. LLC as broker, and that no ASX-listed CDIs will be repurchased. It said no security holder approval is required. It explained that ASX rules require it to disclose daily buy-back transactions to the ASX.
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.
$1 billion Share Repurchase Program Overview
News Corp said it may repurchase up to US$1 billion in aggregate of its Nasdaq-listed Class A and Class B common stock under its 2025 Repurchase Program, as authorized as of July 15, 2025.
Source · Based on the filing body and exhibits
Daily Class A Common Stock Repurchases
The company said it repurchased 58,482 shares of Class A common stock for a total of US$1,705,539.81 on October 9, 2026. It disclosed that its cumulative repurchases before that day were 13,045,264 shares, or US$343,050,604.56.
Source · Based on the filing body and exhibits
Cumulative Repurchases and Price Range
The company said it has repurchased approximately US$525,243,031 of Class A and Class B shares since the program began, based on total consideration paid. It said the lowest price paid on October 9, 2026 was US$28.91 and the highest was US$29.35.
Source · Based on the filing body and exhibits
Buy-Back Method and ASX Disclosure Requirements
The company said it is buying back shares for cash through Goldman Sachs & Co. LLC as broker, and that no ASX-listed CDIs will be repurchased. It said no security holder approval is required. It explained that ASX rules require it to disclose daily buy-back transactions to the ASX.
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…