{"schema_version":"secwatch.filing_event.v1","accession":"0000930413-25-003284","form_type":"8-K","ticker":"HXL","cik":"0000717605","company_name":"HEXCEL CORP /DE/","filed_at":"2025-10-23T23:59:59+00:00","discovered_at":"2026-05-14T18:02:41.984388+00:00","generated_at":"2026-05-17T02:37:01.430441+00:00","sec_items":["1.01","2.03","8.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Hexcel launches $350M accelerated share repurchase, Board adds $600M authorization","bullets":["Entered ASR agreements with Bank of America and Goldman Sachs to repurchase $350M of common stock.","Initial delivery of ~80% of expected shares on Oct 24, 2025; final settlement by Q1 2026.","Board approved $600M additional share repurchase authorization on Oct 22, 2025, leaving ~$384M remaining.","Borrowed $350M under existing $750M revolving credit facility to fund the ASR initial payment."],"urls":{"canonical":"https://secwatch.observer/filing/0000930413-25-003284","json":"https://secwatch.observer/filing/0000930413-25-003284.json","markdown":"https://secwatch.observer/filing/0000930413-25-003284.md","text":"https://secwatch.observer/filing/0000930413-25-003284.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/717605/000093041325003284/0000930413-25-003284-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/717605/000093041325003284/c114272_8k-ixbrl.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T02:37:01.430441+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":"9f7c78ee13d4e75ea7c1f77dadb972a7e31b0b90","claim":"HEXCEL CORP /DE/ incurred revolving credit of $350 million.","evidence_excerpt":"On October 21, 2025, the Company provided notice to the lenders pursuant to the Credit Agreement to borrow $350 million under the Revolver to fund the initial settlement of the ASR.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/717605/000093041325003284/0000930413-25-003284-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"revolving credit"},{"label":"Principal","value":"$350 million"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}