Acushnet signs $75M structured share repurchase agreement with large holder Magnus Holdings

Acushnet Holdings Corp.

Company to buy up to $75M of its common stock from Magnus Holdings on a share-for-share basis with open market repurchases.
Repurchase price equals average price of open market purchases during pricing periods beginning July 1, 2022, ending by Jan 13, 2023.
Magnus currently holds 37,104,008 shares; the agreement is under the existing $350M share repurchase authorization.
Special committee of independent directors approved the transaction.

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