TKO Announces Completion of $800 Million Accelerated Share Repurchase

About this update from Tko Group Holdings, Inc.

NEW YORK, June 30, 2026--(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. "Completing this ASR marks another important step in our capital return program and reflects our continued confidence in TKO's business and outlook," said Mark Shapiro, President and COO of TKO. "Along with our 10b5-1 trading plan and quarterly cash dividend program, it underscores our disciplined approach to capital deployment and our commitment to delivering long-term value for shareholders." On March 11, 2026, the Company paid $800 million to Morgan Stanley & Co. LLC and received an initial delivery of 3,136,179 shares of Class A common stock. The ASR Agreement period ended on June 30, 2026 and the Company received an additional 1,031,119 shares as final settlement of the agreement. In total for the ASR Agreement, the Company repurchased 4,167,298 shares. As previously disclosed, on May 14, 2026, the Company commenced on its 10b5-1 trading plan for the repurchase of up to $200 million of its outstanding Class A common stock (the "10b5-1 Plan"). The 10b5-1 Plan will remain in effect until the earlier of August 31, 2026, all shares have been repurchased or it is terminated pursuant to its terms. Forward-Looking Statements This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. TKO intends such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements in this press release that do not relate to matters of historical fact should be considered forward-looking statements, including, without limitation, statements regarding TKO's ongoing 10b5-1 trading plan and capital return program. The words "believe," "may," "will," "estimate," "potential," "continue," "anticipate," "intend," "expect," "could," "would," "project," "plan," "target," and similar expressions are intended to identify forward-looking statements, though not all forward-looking statements use these words or expressio...

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