Acushnet agrees to buy up to $52.5 million of its own shares from Magnus Holdings
Acushnet Holdings entered an agreement with Magnus Holdings Co., Ltd. to purchase up to $52.5 million of its common stock from Magnus, under its existing $1.25 billion repurchase authorization. The price will be the average price the company pays for shares in the open market or privately negotiated deals over each pricing period, and the purchases are subject to no material adverse effect on the company's business or financial condition.
Key points
- Up to $52.5 million of common stock to be bought from Magnus on a share-for-share basis, as the company repurchases shares in the open market or in private deals
- Price is the average price of the company's share purchases over each pricing period, first period starting June 10, 2026
- Final determination date is September 30, 2026, if the $52.5 million has not already been purchased
- The filing refers to the April 17, 2026 proxy statement for details on Magnus' relationship with the company
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:00 AM ET, from the text of the filing and its press-release exhibits 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 June 08, 2026.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.