secwatch.observer — SEC 8-K summary
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Issuer:     CREDIT ACCEPTANCE CORP (CACC)
CIK:        0000885550
Form:       8-K
Filed at:   2025-09-30T23:59:59+00:00
Accession:  0000885550-25-000107
Event type: other_material
Sentiment:  positive
Materiality: 0.55
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

Credit Acceptance Corp authorizes repurchase of up to 2 million shares
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/885550/000088555025000107/0000885550-25-000107-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/885550/000088555025000107/cacc-20250929.htm
  HTML page:      https://secwatch.observer/filing/0000885550-25-000107

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer