Planet Fitness, Inc. Announces $280 Million Accelerated Share Repurchase Program [Yahoo! Finance]
Planet Fitness, Inc. (PLNT)
Last planet fitness, inc. earnings: 2/25 04:05 pm
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investor.planetfitness.com/investors/default.aspx
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Source: Yahoo! Finance
accelerated share repurchase agreement (the "ASR Agreement") with Citibank, N.A. (the "Bank"). The Company will acquire shares under the ASR Agreement as part of its $500 million share repurchase authorization previously announced on November 8, 2022 (the "2022 Share Repurchase Program"). As of June 13, 2024 , before giving effect to the ASR Agreement, approximately $355 million remained available for share repurchases pursuant to the 2022 Share Repurchase Program. Pursuant to the terms of the ASR Agreement, the Company will pay the Bank $280 million in cash and will initially receive approximately 3.1 million shares of the Company's Class A common stock, which is approximately 80% of the shares of the Company's Class A common stock it expects to repurchase under the ASR Agreement. The total number of shares to be repurchased will be based on the average of the daily volume-weighted average prices of the Company's Class A common stock during the term of the transaction, less an agre
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News
- PERKSFEST IS BACK: PLANET FITNESS OFFERS DEALS FROM TOP BRANDS JUST IN TIME FOR SUMMER [Yahoo! Finance]Yahoo! Finance
- Planet Fitness, Inc. (NYSE: PLNT) had its "overweight" rating re-affirmed by analysts at Morgan Stanley. They now have a $79.00 price target on the stock.MarketBeat
- Planet Fitness, Inc. (NYSE: PLNT) had its "neutral" rating re-affirmed by analysts at DA Davidson. They now have a $62.00 price target on the stock.MarketBeat
- EquityMultiple Sees Broad Opportunity Across CRE Sectors, Brings Unique Offerings to Investors [Yahoo! Finance]Yahoo! Finance
- Planet Fitness, Inc. Announces $280 Million Accelerated Share Repurchase ProgramPR Newswire
PLNT
Earnings
- 5/9/24 - Beat
PLNT
Sec Filings
- 6/13/24 - Form 8-K
- 6/12/24 - Form 4
- 6/12/24 - Form 4
- PLNT's page on the SEC website