TKO completes $800 million share repurchase, buys 4.17M shares
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Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 1.6%
Revenue Growth %: +24.1%
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TKO Group Holdings, Inc. (NYSE: TKO) announced the completion of its accelerated share repurchase (ASR) agreement, under which the company repurchased $800 million of its Class A common stock.
The company paid $800 million to Morgan Stanley & Co. LLC on March 11, 2026, and received an initial delivery of 3,136,179 shares. The ASR agreement period ended June 30, 2026, with TKO receiving an additional 1,031,119 shares as final settlement, bringing the total shares repurchased under the agreement to 4,167,298.
"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.
Separately, TKO commenced a 10b5-1 trading plan on May 14, 2026, for the repurchase of up to $200 million of its outstanding Class A common stock. That plan will remain in effect until the earlier of August 31, 2026, full repurchase of the allotted shares, or termination under its terms.
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