secwatch.observer — SEC 8-K summary
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Issuer:     TKO Group Holdings, Inc. (TKO)
CIK:        0001973266
Form:       8-K
Filed at:   2026-03-10T23:59:59+00:00
Accession:  0001193125-26-099425
Event type: other_material
Sentiment:  positive
Materiality: 0.80
Item codes: 1.01, 8.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

TKO announces $800M ASR and $200M 10b5-1 plan; funds with $900M term loan
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- Entered $800M accelerated share repurchase with Morgan Stanley; initial delivery of 3,136,179 shares expected.
- Also established 10b5-1 trading plan for up to $200M in additional repurchases, to commence after ASR completes.
- Obtained $900M incremental term loan via amendment to credit agreement; upsized revolver to $350M.
- Proceeds from debt will fund the repurchases; ASR expected to complete by June 2026.
- Repurchases are part of previously announced $2.0B share repurchase authorization.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1973266/000119312526099425/0001193125-26-099425-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1973266/000119312526099425/d124117d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-099425

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