TKO Group Initiates $800M Share Repurchase Plan
TKO Group announced that it has entered into an accelerated share repurchase agreement to repurchase $800M of its outstanding Class A common stock. The company also announced that it has entered into a 10b5-1 trading plan for the repurchase of up to $200M of its outstanding Class A common stock. Repurchases under the ASR agreement and the 10b5-1 Plan are being completed under TKO's previously announced $2B share repurchase authorization.
