AI brief of an SEC Form 8-K · PVH (PVH)

PVH enters $500 million accelerated share repurchase agreements with two dealers

Neutral Impact 4 of 5 shareholder Written later

PVH Corp. entered into accelerated share repurchase agreements on April 1, 2025, with Barclays and Goldman Sachs, paying $500 million and receiving 4,579,354 initial shares. The final share count depends on a discount to the stock's volume-weighted average price, with final settlement expected in the third quarter of fiscal 2025. The buyback uses part of the company's existing $5.0 billion repurchase authorization.

Key points

  • Total payment to the dealers: $500 million, made under agreements dated April 1, 2025
  • Initial share delivery: 4,579,354 shares, to be held in treasury
  • Final share count will be set at settlement, based on a discount to the average daily VWAP over the agreement term
  • Final settlement expected in the third quarter of fiscal 2025

The filing

CompanyPVH (PVH)
Form8-K, current report
Filed with the SECApr 2, 2025, 4:26 PM ET
Accession number0000078239-25-000021

Items reported: 1.01 Material Definitive Agreement

Read the filing on SEC.gov ↗

Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:01 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 April 02, 2025.

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.