---
schema_version: "secwatch.filing_event.v1"
accession: "0000885550-25-000107"
form_type: "8-K"
ticker: "CACC"
cik: "0000885550"
company_name: "CREDIT ACCEPTANCE CORP"
filed_at: "2025-09-30T23:59:59+00:00"
generated_at: "2026-05-17T05:20:56.855909+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Credit Acceptance Corp authorizes repurchase of up to 2 million shares

## Summary
- Board authorized 2M share buyback in addition to prior authorizations; no expiration date.
- As of Sept 29, 2025, 190,018 shares remained under prior repurchase authorization.
- Repurchases may be executed via open market, block trades, or 10b5-1 plans.

## SEC filing metadata
- accession: 0000885550-25-000107
- form_type: 8-K
- ticker: CACC
- cik: 0000885550
- company_name: CREDIT ACCEPTANCE CORP
- filed_at: 2025-09-30T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/885550/000088555025000107/0000885550-25-000107-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/885550/000088555025000107/cacc-20250929.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000885550-25-000107
- JSON: https://secwatch.observer/filing/0000885550-25-000107.json
- Plain text: https://secwatch.observer/filing/0000885550-25-000107.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.