---
schema_version: "secwatch.filing_event.v1"
accession: "0001831651-24-000066"
form_type: "8-K"
ticker: "SHLS"
cik: "0001831651"
company_name: "Shoals Technologies Group, Inc."
filed_at: "2024-06-11T23:59:59+00:00"
generated_at: "2026-06-01T05:07:06.170867+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Shoals Technologies authorizes $150M share repurchase; enters $25M ASR with Jefferies

## Summary
- Board approved repurchase of up to $150M of Class A common stock through Dec 31, 2025.
- Entered $25M accelerated share repurchase (ASR) with Jefferies LLC; initial delivery ~2.2M shares at $6.81 closing price.
- Final ASR settlement based on daily VWAP less discount; expected to complete in Q3 2024.
- Repurchases funded by cash on hand, free cash flow, and credit facilities.
- CEO cites confidence in business and long-term growth potential.

## SEC filing metadata
- accession: 0001831651-24-000066
- form_type: 8-K
- ticker: SHLS
- cik: 0001831651
- company_name: Shoals Technologies Group, Inc.
- filed_at: 2024-06-11T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1831651/000183165124000066/0001831651-24-000066-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1831651/000183165124000066/shls-20240610.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001831651-24-000066
- JSON: https://secwatch.observer/filing/0001831651-24-000066.json
- Plain text: https://secwatch.observer/filing/0001831651-24-000066.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.