---
schema_version: "secwatch.filing_event.v1"
accession: "0001321732-24-000090"
form_type: "8-K"
ticker: "PEN"
cik: "0001321732"
company_name: "Penumbra Inc"
filed_at: "2024-08-13T23:59:59+00:00"
generated_at: "2026-05-31T09:37:28.074959+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Penumbra announces $200M share repurchase authorization, $100M accelerated buyback

## Summary
- Board authorized up to $200M in stock repurchases through July 31, 2025.
- $100M accelerated share repurchase (ASR) with JPMorgan Chase initiated on Aug 12, 2024.
- Initial delivery of ~474,000 shares on Aug 13, 2024; final settlement expected Q3 2024.
- ASR funded with cash on hand; will reduce diluted share count.

## SEC filing metadata
- accession: 0001321732-24-000090
- form_type: 8-K
- ticker: PEN
- cik: 0001321732
- company_name: Penumbra Inc
- filed_at: 2024-08-13T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1321732/000132173224000090/0001321732-24-000090-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1321732/000132173224000090/pen-20240813.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001321732-24-000090
- JSON: https://secwatch.observer/filing/0001321732-24-000090.json
- Plain text: https://secwatch.observer/filing/0001321732-24-000090.txt

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