Acushnet enters stock repurchase agreement to buy up to $62.5M from shareholder Magnus Holdings

Acushnet Holdings Corp.

Agreement with Magnus Holdings Co., Ltd. to repurchase up to $62.5M of common stock on a share-for-share basis.
Repurchase price equals average price paid by Acushnet for open-market or privately negotiated purchases during pricing period.
Determination dates occur upon aggregate $62.5M purchases or by June 30, 2025; closings 15 days after determination.
Agreement structured to comply with Rule 10b5-1; part of existing $1B share repurchase authorization.
Conditions include no material adverse effect on company's business or financial condition.

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