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TKO Group announces $1B in share repurchases, $800M ASR

TKO Group (TKO) announced that it has entered into an accelerated share repurchase agreement to repurchase $800M of its outstanding Class A common stock. The company also announced that it has entered into a 10b5-1 trading plan for the repurchase of up to $200M of its outstanding Class A common stock. Repurchases under the ASR agreement and the 10b5-1 Plan are being completed under TKO’s previously announced $2B share repurchase authorization.

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