TKO Group Holdings, Inc., the parent company of WWE, has announced in a press release that it has completed its accelerated share repurchase (ASR) agreement to buy back a total of $800 million worth of its outstanding Class A common stock. In connection with this, TKO has initiated a 10b5-1 trading plan to repurchase up to $174 million of its outstanding Class A common stock, which was first announced on September 15.
The 10b5-1 plan will remain in effect until February 26, 2026. Shares will be repurchased according to the terms of the plan, or it will be terminated if all shares have been acquired.
Previously, TKO paid $800 million to Morgan Stanley & Co. LLC on September 16, receiving an initial delivery of 3,161,430 shares of Class A common stock. The ASR agreement period concluded on November 17, with TKO receiving an additional 1,053,960 shares as part of the final settlement. This brings the total number of shares repurchased under the ASR agreement to 4,215,390.
Additionally, TKO and WWE recently announced WWE's Third Quarter 2025 earnings, reporting total revenue of $1.120 billion, with WWE generating $402 million of that revenue.
