other material
confidence high
sentiment neutral
materiality 0.50
Acushnet enters $62.5M stock repurchase agreement with Magnus Holdings
Acushnet Holdings Corp.
- Agreement to repurchase up to $62.5M of GOLF common stock from Magnus Holdings on share-for-share basis with open-market repurchases.
- Repurchase price equals average per-share price of public shares bought during pricing periods from July 1 to Dec 31, 2024.
- Magnus holds 33,110,486 shares; transactions are part of $1.0B total buyback authorization.
- Final closing scheduled for April 10, 2025, unless earlier determination dates occur.