secwatch.observer — SEC 8-K summary
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Issuer:     Stagwell Inc (STGW)
CIK:        0000876883
Form:       8-K
Filed at:   2023-05-24T23:59:59+00:00
Accession:  0001104659-23-064175
Event type: other_material
Sentiment:  positive
Materiality: 0.70
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

Stagwell repurchases 23.3M shares at $6.43, reducing outstanding by 8.1%
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- Repurchased 23,328,154 Class A shares from AlpInvest Partners B.V. at $6.43 per share.
- Repurchased shares retired, reducing outstanding Class A common shares by approximately 8.1%.
- Following repurchase, outstanding stock: 114,497,949 Class A shares and 151,648,741 Class C shares.
- Transaction previously announced in May 9, 2023 Form 8-K; closed on May 23, 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/876883/000110465923064175/0001104659-23-064175-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/876883/000110465923064175/tm2316930d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-064175

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