---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-242249"
form_type: "8-K"
ticker: "TKO"
cik: "0001973266"
company_name: "TKO Group Holdings, Inc."
filed_at: "2024-10-24T23:59:59+00:00"
generated_at: "2026-05-30T10:41:37.168933+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 1.0
calibrated_materiality_score: 1.0
confidence: "high"
source: SEC EDGAR
---

# TKO to acquire PBR, On Location, IMG from Endeavor for $3.25B; launches $2B buyback and $75M quarterly dividend

## Summary
- All-equity deal: 26.14M TKO common units valued at $3.25B; Endeavor to own ~59% of TKO post-close.
- TKO Board authorizes $2.0B share repurchase program, expected to be completed in 3–4 years.
- Quarterly dividend of $75M (pro rata to Class A common) initiated; first payment on March 31, 2025.
- Transaction expected to close in first half of 2025; subject to regulatory approvals and customary conditions.
- Acquired assets include Pro Bull Riders, On Location (premium experiences), and IMG (sports content/distribution).

## SEC filing metadata
- accession: 0001193125-24-242249
- form_type: 8-K
- ticker: TKO
- cik: 0001973266
- company_name: TKO Group Holdings, Inc.
- filed_at: 2024-10-24T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 1.0
- calibrated_materiality_score: 1.0
- confidence: high
- sec_items: 1.01, 3.02, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1973266/000119312524242249/0001193125-24-242249-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1973266/000119312524242249/d875145d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-242249
- JSON: https://secwatch.observer/filing/0001193125-24-242249.json
- Plain text: https://secwatch.observer/filing/0001193125-24-242249.txt

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