---
schema_version: "secwatch.filing_event.v1"
accession: "0001672013-24-000010"
form_type: "8-K"
ticker: "GOLF"
cik: "0001672013"
company_name: "Acushnet Holdings Corp."
filed_at: "2024-03-14T23:59:59+00:00"
generated_at: "2026-06-04T19:45:53.716031+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Acushnet enters agreement to repurchase up to $37.5M of stock from Magnus Holdings under 10b5-1 plan

## Summary
- Agreement with Magnus Holdings (33.1M shares held) to repurchase up to $37.5M of common stock on a share-for-share basis with open market purchases.
- Repurchase price equals the average price paid for public shares during the pricing period; final closing by July 10, 2024 if not earlier.
- Total share repurchase authorization is $1.0B, including $300M added by the Board on February 15, 2024.
- Transactions structured under Rule 10b5-1; special committee of independent directors approved the deal.

## SEC filing metadata
- accession: 0001672013-24-000010
- form_type: 8-K
- ticker: GOLF
- cik: 0001672013
- company_name: Acushnet Holdings Corp.
- filed_at: 2024-03-14T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1672013/000167201324000010/0001672013-24-000010-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1672013/000167201324000010/golf-20240314.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001672013-24-000010
- JSON: https://secwatch.observer/filing/0001672013-24-000010.json
- Plain text: https://secwatch.observer/filing/0001672013-24-000010.txt

## Key facts
- Material Agreements
  Acushnet Holdings Corp. entered into a equity purchase with Magnus Holdings Co., Ltd. valued at $37.5 million (effective 2024-03-14).
  - Action: entry
  - Agreement: equity purchase
  - Counterparty: Magnus Holdings Co., Ltd.
  - Value: $37.5 million
  - Effective: 2024-03-14
  source text: On March 14, 2024, in connection with its existing $1.0 billion share repurchase authorization, Acushnet Holdings Corp. (the “Company”) entered into an agreement with Magnus Holdings Co., Ltd. (“Magnus”) pursuant to which the Company will purchase up to an aggregate of $37.5 million of shares of its common stock from Magnus on a share-for-share basis as the Company repurchases shares in the open market or privately negotiated transactions.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1672013/000167201324000010/0001672013-24-000010-index.htm

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