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NEWS CORP 8-K Analysis & Summary – 3/14/2025

⚠️This is not investment advice.

⚠️ This is an experimental project and this report is for informational purposes only and should not be considered investment advice. Conduct your own thorough research and consult with a qualified financial advisor before making any investment decisions. ⚠️

News Corporation

Filing date:

03/14/2025

TLDR:

News Corporation disclosed information to the Australian Securities Exchange regarding daily transactions under its stock repurchase program, indicating the company’s ongoing buyback of Class A and Class B common stock.

ELI5:

News Corp is buying back its own stock. They’ve told the Australian stock exchange how much they’ve bought so far as part of a plan to buy back up to $1 billion worth of shares.

Accession #:

0001564708-25-000126

Published on

Analyst Summary

  • News Corporation is authorized to repurchase up to $1 billion of its Class A and Class B common stock.
  • The company discloses information about the repurchase program to the Australian Securities Exchange (ASX) daily.
  • As of March 13, 2025, the company has purchased approximately $648,122,444.16 worth of Class A and Class B shares.
  • The repurchases are subject to market conditions, the market price of the Company’s stock and other factors.
  • The buyback program is intended to enhance shareholder value.

⚠️ This is an experimental project and this report is for informational purposes only and should not be considered investment advice. Conduct your own thorough research and consult with a qualified financial advisor before making any investment decisions. ⚠️