other material
confidence high
sentiment positive
materiality 0.55
Acushnet enters agreement to repurchase up to $52.5M of stock from Magnus Holdings
Acushnet Holdings Corp.
- Magnus holds 29,523,653 shares; will sell to Acushnet on a share-for-share basis with public repurchases.
- Repurchase price equals average price paid for public shares during the pricing period.
- Pricing period runs from June 10, 2026 to earlier of $52.5M public purchases or Sept 30, 2026.
- Closing occurs 15 days after determination date (or Oct 15 if determination by Sept 30).
- Transaction is part of Acushnet's existing $1.25B share repurchase authorization.