TKO Group Holdings, Inc.
For the period ended Sep 30, 2026. Filed Nov 4, 2026.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2026 · Filed Nov 4, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Item 1A. Risk Factors
Our business, financial condition and operating results can be affected by a number of factors, whether currently known or unknown, including but not limited to those described as risk factors, any one or more of which could, directly or indirectly, cause our actual operating results and financial condition to vary materially from past, or anticipated future, operating results and financial condition. For a discussion of these potential risks and uncertainties, see Part I, Item 1A. "Risk Factors" in our 2025 Annual Report on Form 10-K. Any of these factors, in whole or in part, could materially and adversely affect our business, financial condition, operating results and the price of our common stock. There have been no material changes in our risk factors to those included in our 2025 Annual Report on Form 10-K.
Report of Offering of Securities and Use of Proceeds Therefrom
None.
Purchases of Equity Securities by the Issuer and Affiliated Purchasers
The following table presents information with respect to purchases of the Company's Class A common stock by the Company and its affiliated purchasers made during the three months ended September 30, 2026:
| Period | Total Numberof SharesPurchased (1) | Average PricePaid Per Share (2) | Total Numberof SharesPurchased asPart of PubliclyAnnouncedPlans orPrograms (1) | ApproximateDollar Value ofShares thatMay Yet BePurchasedUnder the Plansor Programs(in thousands) (1)(3) |
|---|---|---|---|---|
| July 1, 2026 to July 31, 2026 | 1,404,634 | $191.25 | 1,404,634 | $1,094,844 |
| August 1, 2026 to August 31, 2026 | 159,818 | $192.84 | 159,818 | $1,064,025 |
| September 1, 2026 to September 30, 2026 | 291,559 | $187.40 | 291,559 | $1,009,389 |
| Total | 1,856,011 | 1,856,011 |
(1)
Includes shares of our Class A common stock (i) delivered as final settlement of the ASR Agreement and (ii) repurchased under Rule 10b5-1 trading plans in connection with our previously announced share repurchase program of $3.0 billion.
(2)
Average price paid per share excludes any broker commissions and other costs of execution, including excise taxes. On completion of the ASR Agreement, on July 1, 2026, we received final delivery of 1,031,119 shares of Class A common stock, in addition to the initial delivery of 3,136,179 shares on March 11, 2026. The final number of shares delivered upon settlement of the $800.0 million ASR Agreement was determined based on the volume-weighted average price of $191.97 per share of the Company’s Class A common stock during the term of the agreement, less a discount, and subject to customary adjustments pursuant to the terms and conditions of the ASR Agreement.
(3)
On March 10, 2026, we entered into a Rule 10b5-1 trading plan, subsequently amended on May 11, 2026, to change the commencement date to May 14, 2026 with repurchases under this plan being completed on July 22, 2026. On August 6, 2026, we entered into a Rule 10b5-1 trading plan, with repurchases commencing on August 11, 2026 and continuing through the close of business on October 30, 2026. We will determine at our discretion the timing and the amount of any repurchases based on our evaluation of market conditions, share price, and other factors. Repurchases under the share repurchase program may be made in the open market, in privately negotiated transactions or otherwise, and we are not obligated to acquire any particular amount under the share repurchase program. The share repurchase program has no expiration, and may be modified, suspended, or discontinued at any time.
Unregistered Sales of Equity Securities
None.
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