secwatch.observer — SEC 8-K summary
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Issuer:     Blackstone Inc. (BX)
CIK:        0001393818
Form:       8-K/A
Filed at:   2021-12-08T23:59:59+00:00
Accession:  0001193125-21-350979
Event type: other_material
Sentiment:  neutral
Materiality: 0.70
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

Blackstone boosts buyback to $2.0B; EVP Chairman James sells 5.3M shares, company repurchases 3.7M shares
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- Board authorized $2.0B stock and partnership unit repurchase program, replacing prior $1.0B authorization.
- EVP Chairman Hamilton E. James sold 5,275,992 shares to third party; company repurchased 3,718,854 shares for ~$500M from him.
- James sold total 8,994,846 shares via family trusts for estate planning; retains 80% of personal Blackstone shares.
- Buyback expected to offset dilution from annual equity awards; no expiration date.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1393818/000119312521350979/0001193125-21-350979-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1393818/000119312521350979/d248048d8ka.htm
  HTML page:      https://secwatch.observer/filing/0001193125-21-350979

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