secwatch.observer — SEC 8-K summary
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Issuer:     TKO Group Holdings, Inc. (TKO)
CIK:        0001973266
Form:       8-K
Filed at:   2025-09-15T23:59:59+00:00
Accession:  0001193125-25-202794
Event type: other_material
Sentiment:  positive
Materiality: 0.75
Item codes: 1.01, 8.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

TKO Group borrows $1B to fund $1B in share repurchases including $800M accelerated buyback
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- Borrowed $1.0B incremental term loan (SOFR+2.00%, matures Nov 2031); revolver maturity extended to 2030.
- Entered $800M accelerated share repurchase with Morgan Stanley; expects initial delivery of 3,161,430 shares.
- Also up to $174M under 10b5-1 plan and $26M private repurchase closed Sept 5, 2025.
- After these repurchases, $1.0B remains under $2.0B authorization; program target ~3-4 years.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1973266/000119312525202794/0001193125-25-202794-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1973266/000119312525202794/d947346d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-202794

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer