secwatch.observer — SEC 8-K summary
======================================

Issuer:     Acushnet Holdings Corp. (GOLF)
CIK:        0001672013
Form:       8-K
Filed at:   2024-03-14T23:59:59+00:00
Accession:  0001672013-24-000010
Event type: other_material
Sentiment:  positive
Materiality: 0.55
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1672013/000167201324000010/0001672013-24-000010-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1672013/000167201324000010/golf-20240314.htm
  HTML page:      https://secwatch.observer/filing/0001672013-24-000010

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