Business
TKO Announces Completion of $800 Million Accelerated Share Repurchase and Commencement of $174 Million 10b5-1 Trading Plan
NEW YORK, November 18, 2025--TKO Group Holdings, Inc. (NYSE: TKO) ("TKO" or the "Company"), a premium sports and entertainment company, today announced the completion of its accelerated share repurchase agreement (the "ASR Agreement") to repurchase $800 million of its outstanding Class A common stock.
About this update from Tko Group Holdings, Inc.
[{"type":"image","alt":"","displaySize":"","headline":null,"caption":"","credit":null,"className":"","disableSlideshowImg":false,"size":{"original":{"width":480,"height":222,"url":"https://media.zenfs.com/en/business-wire.com/ff973e0d5b7ad8a6e01ea4d47fcb8553"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/MocQMiOjUn9R9KHEjwhA3A--/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTQ0NDtjZj13ZWJw/https://media.zenfs.com/en/business-wire.com/ff973e0d5b7ad8a6e01ea4d47fcb8553","width":480,"height":222}},"lazy":false},{"type":"text","content":"NEW YORK, November 18, 2025--(BUSINESS WIRE)--TKO Group Holdings, Inc. (NYSE: TKO) ("TKO" or the "Company"), a premium sports and entertainment company, today announced the completion of its accelerated share repurchase agreement (the "ASR Agreement") to repurchase $800 million of its outstanding Class A common stock.","length":349,"tagName":"p"},{"type":"text","content":"In connection with the completion of the ASR Agreement, the Company also announced the commencement of its 10b5-1 trading plan for the repurchase of up to $174 million of its outstanding Class A common stock (the "10b5-1 Plan") that was originally announced on September 15, 2025.","length":290,"tagName":"p"},{"type":"text","content":""We remain focused on deploying capital to deliver long-term value for our shareholders. Our commitment to a robust and sustainable capital return program is a key tenet of our capital allocation strategy," said Mark Shapiro, President and COO of TKO. "The completion of the ASR Agreement and commencement of the 10b5-1 Plan, as well as our quarterly cash dividend program, reflect our conviction in the business and the intrinsic value of our stock."","length":471,"tagName":"p"},{"type":"text","content":"On September 16, 2025, the Company paid $800 million to Morgan Stanley & Co. LLC and received an initial delivery of 3,161,430 shares of Class A common stock. The ASR Agreement period ended on November 17, 2025 and the Company received an additional 1,053,960 shares as final settlement of the agreement. In total for the ASR Agreement, the Company repurchased 4,215,390 million shares.","length":390,"tagName":"p"},{"type":"text","content":"The 10b5-1 Plan will remain in effect until the earlier of February 26, 2026, all shares have been repurchased or it is terminated pursuant ...