secwatch.observer — SEC 8-K summary
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Issuer:     Acushnet Holdings Corp. (GOLF)
CIK:        0001672013
Form:       8-K
Filed at:   2024-12-17T23:59:59+00:00
Accession:  0001104659-24-129151
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1672013/000110465924129151/0001104659-24-129151-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1672013/000110465924129151/tm2431287d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-129151

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