TKO · 8-K · 20261104PR447231
Capital Return Program
TKO Group Holdings, Inc. · 2026-11-04 · Importance 64 · Surprise 42 · No source text
TKO’s board had authorized up to $3 billion of Class A share repurchases, with approximately $936.0 million remaining under the authorization as of November 4, 2026; the company intends to repurchase that balance, primarily using additional debt and cash on hand. During the third quarter, TKO repurchased 451,377 shares for approximately $85.5 million under its August 10b5-1 plan, then repurchased another 417,795 shares for approximately $73.4 million through October 30. TKO had completed an $800 million accelerated share repurchase on July 1 and repurchased approximately $200 million under its May 10b5-1 plan. The company reported returning more than $1.6 billion to equity holders year to date through repurchases, dividends and related distributions, and paid an approximately $150 million quarterly distribution, equivalent to $0.79 per share, on September 30.
Key facts
- TKO expects to repurchase the remaining existing authorization, primarily funded with additional debt and cash on hand. source
- TKO’s board authorized up to $3 billion of Class A common stock repurchases, with approximately $936.0 million available under the authorization as of November 4, 2026. source
- TKO’s August 10b5-1 Plan, entered into August 6, 2026, authorized repurchases of up to $200 million of Class A common stock. source
- TKO’s May 11, 2026 Rule 10b5-1 Plan authorized repurchases of up to $200 million of Class A common stock; TKO repurchased 1,022,434 shares for approximately $200.0 million from May 14 through July 22, 2026. source
- From October 1 through October 30, 2026, TKO repurchased 417,795 shares for approximately $73.4 million, completing its August 10b5-1 Plan. source
- On September 30, 2026, TKO paid a quarterly cash dividend based on an aggregate distribution of approximately $150 million, or $0.79 per share. source
- TKO returned more than $1.6 billion of capital to equity holders year-to-date through share repurchases, dividend payments, and related distributions. source
- TKO announced its intent to commence additional repurchases of outstanding Class A common stock under its existing share repurchase program. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| cash | negative | committed | — | TKO expects to repurchase the remaining existing authorization, primarily funded with additional debt and cash on hand. |
| cash | negative | realized | — | TKO returned more than $1.6 billion of capital to equity holders year-to-date through share repurchases, dividend payments, and related… |