Posted on 9/15/125 by Colin Vassallo
TKO Group Holdings, Inc announced today that it has entered
into an accelerated share repurchase agreement to repurchase
$800 million of its outstanding Class A common stock.
The Company also announced that it has entered into a 10b5-1
trading plan for the repurchase of up to $174 million of its
outstanding Class A common stock. In addition, on September
5, 2025, the Company repurchased approximately $26 million
of its outstanding Class A common stock under a privately
negotiated transaction. Repurchases under the ASR Agreement,
the 10b5-1 Plan, and the privately negotiated transaction
are being completed under TKO’s previously announced $2.0
billion share repurchase authorization.
“This plan to repurchase $1 billion in shares reflects our
conviction in the business and the intrinsic value of our
stock,” said Mark Shapiro, President and COO, TKO. “The
repurchases, together with the recent 100% increase to our
quarterly cash dividend program, reflect our continued
commitment to a robust and sustainable capital return
program. We remain focused on executing our balanced capital
deployment strategy to deliver long-term value for our
shareholders.”
Under the ASR Agreement, on September 16, 2025, the Company
will pay $800 million to Morgan Stanley & Co. LLC and
expects to receive an initial delivery of 3,161,430 shares
of Class A common stock. The total number of shares to be
repurchased pursuant to the ASR Agreement will be based on
the volume-weighted average price of Class A common stock on
specified dates during the term of the ASR Agreement.
Transactions under the ASR Agreement are expected to be
completed in December 2025.
Repurchases contemplated under the 10b5-1 Plan are to
commence once transactions under the ASR Agreement are
completed.