---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-057405"
form_type: "8-K"
ticker: "STGW"
cik: "0000876883"
company_name: "Stagwell Inc"
filed_at: "2023-05-09T23:59:59+00:00"
generated_at: "2026-06-15T11:19:07.926177+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Stagwell enters $150M stock repurchase agreement with AlpInvest affiliates at $6.43/share

## Summary
- Repurchases ~23.33M shares from AlpInvest affiliates for $6.43/share, aggregate $150M.
- Transaction expected to close by May 31, 2023; either party may terminate if not closed.
- Funded by cash flow and borrowings under senior secured revolver; separate from existing buyback program.
- Intended tax treatment as substantially disproportionate redemption under Section 302(b)(1) or (2) of the Code.

## SEC filing metadata
- accession: 0001104659-23-057405
- form_type: 8-K
- ticker: STGW
- cik: 0000876883
- company_name: Stagwell Inc
- filed_at: 2023-05-09T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/876883/000110465923057405/0001104659-23-057405-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/876883/000110465923057405/tm2315106d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-057405
- JSON: https://secwatch.observer/filing/0001104659-23-057405.json
- Plain text: https://secwatch.observer/filing/0001104659-23-057405.txt

## Key facts
- Material Agreements
  Stagwell Inc entered into Stock Repurchase Agreement with certain affiliates of AlpInvest Partners B.V. valued at $150 million (effective 2023-05-09).
  - Action: entry
  - Agreement: equity purchase
  - Counterparty: certain affiliates of AlpInvest Partners B.V.
  - Value: $150 million
  - Effective: 2023-05-09
  source text: On May 9, 2023, Stagwell Inc., a Delaware corporation (the “ Company ”) entered into an agreement (the “ Stock Repurchase Agreement ”) with certain affiliates of AlpInvest Partners B.V. (“ AlpInvest ”) to repurchase approximately 23,328,154 shares of the Company’s Class A common stock, par value $0.001 (“ Common Stock ”), for $6.43 per share in a privately negotiated transaction. The aggregate purchase price is $150 million.
  evidence_url: https://www.sec.gov/Archives/edgar/data/876883/000110465923057405/0001104659-23-057405-index.htm

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