secwatch.observer — SEC 8-K summary
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Issuer:     Acushnet Holdings Corp. (GOLF)
CIK:        0001672013
Form:       8-K
Filed at:   2024-06-14T23:59:59+00:00
Accession:  0001672013-24-000036
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Acushnet enters $62.5M stock repurchase agreement with Magnus Holdings
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1672013/000167201324000036/0001672013-24-000036-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1672013/000167201324000036/golf-20240614.htm
  HTML page:      https://secwatch.observer/filing/0001672013-24-000036

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