Acushnet agrees to buy up to $62.5 million of its stock from Magnus Holdings
Acushnet Holdings entered an agreement on December 17, 2024 to repurchase up to $62.5 million of its common stock from Magnus Holdings Co., Ltd., as part of its existing $1.0 billion repurchase authorization. Shares will be bought on a share-for-share basis, with pricing based on the average price paid over each pricing period, and the arrangement ends by June 30, 2025 if not completed earlier.
Key points
- Up to $62.5 million of common stock to be purchased from Magnus Holdings Co., Ltd.
- Pricing starts January 2, 2025, using the average purchase price over each pricing period.
- Final determination date is June 30, 2025, if the $62.5 million is not already purchased.
- Purchases are conditioned on no material adverse effect on the Company's business or financial condition.
The filing
Written by AI on Nov 8, 2026, 1:00 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on December 17, 2024.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.