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 $174M of its outstanding Class A common stock. In addition, on September 5, the company repurchased approximately $26M of its outstanding Class A common stock under a privately negotiated transaction. Repurchases under the ASR Agreement, the 10b5-1 Plan, and the privately negotiated transaction are being completed under TKO’s previously announced $2B share repurchase authorization. Under the ASR Agreement, on September 16, 2025, the Company will pay $800 million to Morgan Stanley & Co. LLC and expects to receive an initial delivery of 3,161,430 shares of Class A common stock. Transactions under the ASR agreement are expected to be completed in December.
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