What is the Magnus Holdings accelerated repurchase agreement?

On June 8, 2026, Acushnet entered into an agreement with Magnus Holdings Co., Ltd. to repurchase up to $52.5 million of common stock through September 30, 2026. For every dollar Acushnet purchases on the open market during that period, it will buy an equal dollar amount from Magnus at the same weighted average per-share price. This structure allows the company to accelerate repurchases while maintaining consistent pricing.

What was the average price paid for shares repurchased in H1 2026?

Acushnet repurchased 288,239 shares during the first six months of 2026 at an average price of $90.21 per share, for a total of $26.0 million. In the second quarter specifically, the company paid an average of $87.94 per share for 182,231 shares.

Is this a new buyback authorization?

No. The filing reports execution under an existing repurchase program but does not announce a new authorization. The company does not disclose the remaining authorization balance, suggesting repurchases are being managed under a previously approved board authorization.

How does the accelerated share repurchase differ from open-market purchases?

Open-market purchases are executed continuously under Rule 10b-18, subject to trading windows and volume limits. The Magnus agreement functions as an accelerated repurchase—Acushnet commits to a dollar cap ($52.5 million) over a defined period (Q2 2026 through Q3 2026) and receives matching purchases from Magnus at the same weighted average price, allowing for larger discrete purchases.

What is the timing and dollar cap of the Magnus agreement?

The Magnus agreement runs from June 10, 2026 through September 30, 2026, with a cap of $52.5 million. The company will purchase an equal dollar amount from Magnus as it buys on the open market during the same period, at the same weighted average price per share.

How many shares does Acushnet have outstanding?

As of July 31, 2026, Acushnet had 58,405,044 shares outstanding. This represents a decrease from the weighted-average share count of approximately 59.8 million at the start of 2026, reflecting the cumulative effect of the H1 repurchases.

GOLF 8-K Filed 2026-08-06 Execution disclosure

Acushnet repurchased 288K shares for $26M in H1 2026; accelerated plan with Magnus

Golf equipment maker executed open-market purchases and entered $52.5M accelerated agreement with Magnus through Q3 2026.

Shares repurchased288K

Avg price paid$90.21

MechanismRule 10b-18 open-market purcha

What the filing says

Acushnet Holdings Corp. (NYSE: GOLF) repurchased 288,239 shares of common stock on the open market during the first six months of 2026 at an average price of $90.21 per share for an aggregate of $26.0 million, according to the company's earnings release filed as an 8-K on August 6, 2026. In the second quarter alone, the company repurchased 182,231 shares at an average price of $87.94 for $16.0 million.

On June 8, 2026, Acushnet entered into an agreement with Magnus Holdings Co., Ltd. ("Magnus") to execute an accelerated share repurchase program. Under the arrangement, the company will purchase from Magnus an equal dollar amount of common stock as it purchases on the open market over the period from June 10, 2026 through September 30, 2026, up to an aggregate of $52.5 million, at the same weighted average per share price paid in open-market transactions.

The execution mechanism for both programs is open-market purchases under Rule 10b-18. No new authorization was announced in this filing; the repurchases are being executed under a previously authorized program. The filing does not specify the remaining authorization balance or disclose any new board authorization.

During the six months ended June 30, 2026, the Company repurchased 288,239 shares of its common stock on the open market at an average price of $90.21 for an aggregate of $26.0 million. On June 8, 2026, the Company entered into an agreement with Magnus Holdings Co., Ltd. ("Magnus"), to purchase from Magnus an equal amount of its common stock as it purchases on the open market over the period of time from June 10, 2026 through September 30, 2026, up to an aggregate of $52.5 million, at the same weighted average per share price. — Acushnet Holdings Corp. 8-K filing · View on SEC EDGAR →

What this means

Acushnet executed $26 million in repurchases during the first half of 2026, reducing share count from 60.1 million to approximately 58.4 million (weighted average basis). The June agreement with Magnus to purchase up to $52.5 million at matched pricing through Q3 2026 signals intent to accelerate capital return while benefiting from strong cash flow driven by 10.5% year-to-date sales growth and 17.9% net income growth. At the H1 average price of $90.21, the full $52.5 million commitment would equate to roughly 582,000 additional shares. No new authorization ceiling was disclosed, indicating the company is operating under an existing repurchase authorization. This activity occurs alongside quarterly dividends of $0.255 per share.

Frequently asked questions

What is the Magnus Holdings accelerated repurchase agreement?: On June 8, 2026, Acushnet entered into an agreement with Magnus Holdings Co., Ltd. to repurchase up to $52.5 million of common stock through September 30, 2026. For every dollar Acushnet purchases on the open market during that period, it will buy an equal dollar amount from Magnus at the same weighted average per-share price. This structure allows the company to accelerate repurchases while maintaining consistent pricing.
What was the average price paid for shares repurchased in H1 2026?: Acushnet repurchased 288,239 shares during the first six months of 2026 at an average price of $90.21 per share, for a total of $26.0 million. In the second quarter specifically, the company paid an average of $87.94 per share for 182,231 shares.
Is this a new buyback authorization?: No. The filing reports execution under an existing repurchase program but does not announce a new authorization. The company does not disclose the remaining authorization balance, suggesting repurchases are being managed under a previously approved board authorization.
How does the accelerated share repurchase differ from open-market purchases?: Open-market purchases are executed continuously under Rule 10b-18, subject to trading windows and volume limits. The Magnus agreement functions as an accelerated repurchase—Acushnet commits to a dollar cap ($52.5 million) over a defined period (Q2 2026 through Q3 2026) and receives matching purchases from Magnus at the same weighted average price, allowing for larger discrete purchases.
What is the timing and dollar cap of the Magnus agreement?: The Magnus agreement runs from June 10, 2026 through September 30, 2026, with a cap of $52.5 million. The company will purchase an equal dollar amount from Magnus as it buys on the open market during the same period, at the same weighted average price per share.
How many shares does Acushnet have outstanding?: As of July 31, 2026, Acushnet had 58,405,044 shares outstanding. This represents a decrease from the weighted-average share count of approximately 59.8 million at the start of 2026, reflecting the cumulative effect of the H1 repurchases.

execution rule-10b-18 asr accelerated-share-repurchase open-market golf-sector

Source. This editorial summary is based on the SEC filing linked above. BuybackStocks aggregates and editorializes publicly available SEC EDGAR filings. Not investment advice. Past authorization announcements do not guarantee future repurchase activity or share price performance. See our full disclosures policy.