---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-22-146320"
form_type: "8-K"
ticker: "NTCT"
cik: "0001078075"
company_name: "NETSCOUT SYSTEMS INC"
filed_at: "2022-05-10T23:59:59+00:00"
generated_at: "2026-06-25T21:25:48.005076+00:00"
event_type: "other"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# NetScout enters $150M accelerated share repurchase with Mizuho and Wells Fargo

## Summary
- ASR agreements with Mizuho ($75M) and Wells Fargo ($75M) to repurchase $150M of common stock.
- Initial delivery of ~3.26M shares (70% of expected total); final share count based on VWAP during term.
- Repurchases under existing 25M share buyback program; final settlement expected by end of fiscal Q3 2023.
- Each dealer receives $75M prepayment on May 10, 2022; deliveries occur on Initial Share Delivery Date.

## SEC filing metadata
- accession: 0001193125-22-146320
- form_type: 8-K
- ticker: NTCT
- cik: 0001078075
- company_name: NETSCOUT SYSTEMS INC
- filed_at: 2022-05-10T23:59:59+00:00
- event_type: other
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1078075/000119312522146320/0001193125-22-146320-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1078075/000119312522146320/d128983d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-146320
- JSON: https://secwatch.observer/filing/0001193125-22-146320.json
- Plain text: https://secwatch.observer/filing/0001193125-22-146320.txt

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