News Corp. provided daily updates to Australia’s securities exchange on its existing share-repurchase program. The program authorizes the company to buy back up to $1 billion of its Class A and Class B shares in total; this notice does not announce a new program or a change to that authorization.
- The $1 billion is the program’s aggregate limit, not a statement of how much News Corp. has spent or how many shares it has bought.
- The company says it provides the Australian exchange with daily information on repurchase activity, if any, and also reports on the program in its quarterly and annual reports.
- The material provided here does not include the transaction-level figures from the referenced daily updates, so it does not establish whether shares were bought on those dates or, if so, in what amounts or at what prices.
The update concerns routine reporting under an existing buyback authorization. It does not indicate a change in News Corp.’s share structure or governance.