secwatch.observer — SEC 8-K summary
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Issuer:     Wingstop Inc. (WING)
CIK:        0001636222
Form:       8-K
Filed at:   2024-12-09T23:59:59+00:00
Accession:  0001636222-24-000153
Event type: other_material
Sentiment:  positive
Materiality: 0.60
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Wingstop enters $250M accelerated share repurchase agreement with Goldman Sachs
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- Company paid $250M to Goldman Sachs on Dec 9, 2024 for initial delivery of ~551,325 shares of common stock.
- Final repurchased share count based on VWAP during transaction term, less discount and subject to adjustments.
- Settlement expected no later than end of fiscal Q1 2025; may require additional shares or cash payment.
- Repurchase funded with existing cash and proceeds from recently completed financing transaction.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1636222/000163622224000153/0001636222-24-000153-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1636222/000163622224000153/wing-20241209.htm
  HTML page:      https://secwatch.observer/filing/0001636222-24-000153

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