{"schema_version":"secwatch.filing_event.v1","accession":"0000109177-23-000032","form_type":"8-K","ticker":"SPB","cik":"0000109177","company_name":"Spectrum Brands Holdings, Inc.","filed_at":"2023-06-20T23:59:59+00:00","discovered_at":"2026-05-14T18:03:37.913473+00:00","generated_at":"2026-06-13T20:33:55.509201+00:00","sec_items":["1.01","8.01","9.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Spectrum Brands enters $500M ASR, repays $1.1B debt, redeems $450M notes","bullets":["Entered $500M accelerated share repurchase with Goldman Sachs; initial delivery of ~5.3M shares.","New $1.0B share repurchase program authorized, replacing prior program.","Repaid $392M in term loans and $715M in revolving loans on June 20, 2023.","Will redeem $449.97M 5.75% Senior Notes due 2025 on July 20, 2023.","Actions funded by cash from sale of Hardware & Home Improvement segment to ASSA ABLOY."],"urls":{"canonical":"https://secwatch.observer/filing/0000109177-23-000032","json":"https://secwatch.observer/filing/0000109177-23-000032.json","markdown":"https://secwatch.observer/filing/0000109177-23-000032.md","text":"https://secwatch.observer/filing/0000109177-23-000032.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/109177/000010917723000032/0000109177-23-000032-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/109177/000010917723000032/spb-20230616.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-13T20:33:55.509201+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"a66d30c76c556ae70a12cc608bc4cb7cbeb80b92","claim":"Spectrum Brands Holdings, Inc. entered into ASR Agreement with Goldman Sachs & Co. LLC valued at $500 million (effective 2023-06-20).","evidence_excerpt":"Spectrum Brands Holdings, Inc.’s (the “Company”) entered into an accelerated share repurchase agreement (the “ASR Agreement”) with Goldman Sachs & Co. LLC (the “ASR Counterparty”) to repurchase an aggregate of $500 million of the Company’s common stock","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/109177/000010917723000032/0000109177-23-000032-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Counterparty","value":"Goldman Sachs & Co. LLC"},{"label":"Value","value":"$500 million"},{"label":"Effective","value":"2023-06-20"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}