secwatch.observer — SEC 8-K summary
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Issuer:     Acushnet Holdings Corp. (GOLF)
CIK:        0001672013
Form:       8-K
Filed at:   2022-06-17T23:59:59+00:00
Accession:  0001672013-22-000037
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1672013/000167201322000037/0001672013-22-000037-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1672013/000167201322000037/golf-20220616.htm
  HTML page:      https://secwatch.observer/filing/0001672013-22-000037

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