secwatch.observer — SEC 8-K summary
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Issuer:     Holley Inc. (HLLY)
CIK:        0001822928
Form:       8-K
Filed at:   2026-05-26T13:17:07+00:00
Accession:  0001822928-26-000052
Event type: other_material
Sentiment:  positive
Materiality: 0.60
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Holley announces $25M share repurchase program; reaffirms net leverage target
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- Board authorized repurchase of up to $25M of common stock; no time limit or minimum obligation.
- CEO cites $100M debt reduction, margin expansion, and portfolio repositioning behind program.
- Company reaffirms commitment to year-end net leverage below 3.5x.
- Repurchases will be opportunistic, funded by free cash flow, in compliance with Rule 10b-18.
- Program completes three-pronged capital allocation: debt reduction, M&A, and share repurchases.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1822928/000182292826000052/0001822928-26-000052-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1822928/000182292826000052/hlly-20260522.htm
  HTML page:      https://secwatch.observer/filing/0001822928-26-000052

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