secwatch.observer — SEC 8-K summary
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Issuer:     INTUITIVE SURGICAL INC (ISRG)
CIK:        0001035267
Form:       8-K
Filed at:   2022-10-25T23:59:59+00:00
Accession:  0001035267-22-000176
Event type: other_material
Sentiment:  positive
Materiality: 0.55
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

Intuitive Surgical enters $1B accelerated share repurchase agreement with Citibank
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- Entered $1B ASR with Citibank; initial delivery of ~3.6 million shares.
- Final settlement expected last week of December 2022, may be accelerated.
- Repurchase based on VWAP less discount; potential additional shares or cash at settlement.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1035267/000103526722000176/0001035267-22-000176-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1035267/000103526722000176/isrg-20221024.htm
  HTML page:      https://secwatch.observer/filing/0001035267-22-000176

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