secwatch.observer — SEC 8-K summary
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Issuer:     Acushnet Holdings Corp. (GOLF)
CIK:        0001672013
Form:       8-K
Filed at:   2021-11-08T23:59:59+00:00
Accession:  0001672013-21-000072
Event type: other_material
Sentiment:  positive
Materiality: 0.60
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Acushnet enters $37.5M share repurchase agreement with major shareholder Magnus Holdings
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- Company will repurchase up to $37.5M of common stock from Magnus on share-for-share basis with open market purchases.
- Purchase price equals weighted average price of open market purchases during pricing periods; final determination by Jan 14, 2022.
- Agreement is under existing $200M share repurchase program authorized Oct 20, 2021.
- Magnus currently owns 37,803,827 shares; repurchase is part of share reduction.
- Special Committee of independent directors approved the transaction.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1672013/000167201321000072/0001672013-21-000072-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1672013/000167201321000072/golf-20211108.htm
  HTML page:      https://secwatch.observer/filing/0001672013-21-000072

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