8-KItem 1.01 · Material AgreementItem 2.03 · Financial ObligationItem 8.01 · Other EventsItem 9.01 · Financial Statements
TKO Group ($TKO) entered an ASR with Morgan Stanley & Co.
Filed with the SEC on · Summarized by InvestorsBot
TKO Group ($TKO) entered an ASR with Morgan Stanley & Co. LLC to repurchase $800.0M of Class A stock; $800M paid Mar 11, 2026 with initial delivery of 3,136,179 shares. Final share count set by VWAP less a discount. 💵🔁 #ASR #sharebuyback
TKO ($TKO) also adopted a 10b5-1 plan to repurchase up to $200.0M of Class A stock after ASR completes — part of the previously announced $2.0B repurchase program. 📈 #buybacks #capitalallocation
Transactions under the ASR are expected to complete by June 2026; repurchases (ASR + 10b5-1) will be funded with proceeds from the Incremental Term Loan — buybacks are debt-funded. ⏳💡 $TKO #financing #sharebuyback