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Stock impact report

TKO Announces Approval of Capital Return Program; Also Announces Strategic Acquisition of Sports Assets From Endeavor [Yahoo! Finance]

Endeavor Group Holdings, Inc. Class A (EDR) 
Last endeavor group holdings, inc. class a earnings: 4/30 06:00 am Check Earnings Report
US:NYSE Investor Relations: edrtrust.com
Company Research Source: Yahoo! Finance
All-Equity Transaction Includes Professional Bull Riders, On Location, and IMG Special Committee of TKO's Independent Directors Unanimously Recommended Approval of Transaction NEW YORK, October 24, 2024 BUSINESS WIRE )--TKO Group Holdings, Inc. ("TKO") (NYSE: TKO), a premium sports and entertainment company, announced today that its board of directors has authorized a share repurchase program of up to $2.0 billion of its Class A common stock and the initiation of a quarterly cash dividend program pursuant to which holders of TKO's Class A common stock will receive their pro rata share of $75.0 million in quarterly distributions to be made by TKO Operating Company, LLC. Also today, TKO announced it has reached a definitive agreement with Endeavor Group Holdings, Inc. ("Endeavor") (NYSE: EDR) to acquire Professional Bull Riders ("PBR"), On Location, and IMG in an all-equity transaction valued at $3.25 billion. In addition to complementing TKO's existing core UFC and WWE businesse Show less Read more
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