---
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"
generated_at: "2026-05-17T02:37:01.430441+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Hexcel launches $350M accelerated share repurchase, Board adds $600M authorization

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 2.03, 8.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000930413-25-003284
- JSON: https://secwatch.observer/filing/0000930413-25-003284.json
- Plain text: https://secwatch.observer/filing/0000930413-25-003284.txt

## Key facts
- Debt Financings
  HEXCEL CORP /DE/ incurred revolving credit of $350 million.
  - Instrument: revolving credit
  - Principal: $350 million
  - Event: incurrence
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/717605/000093041325003284/0000930413-25-003284-index.htm

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