Tranche Update on Acushnet Holdings Corp.'s Equity Buyback Plan announced on June 12, 2018.
February 29, 2024 at 04:06 pm EST
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From October 1, 2023 to December 31, 2023, the company has repurchased 2,335,588 shares, representing 3.63% for $127.34 million. With this, the company has completed the repurchase of 13,377,991 shares, representing 19.29% for $624.93 million under the buyback announced on June 12, 2018.
Acushnet Holdings Corp. is engaged in the design, development, manufacture, and distribution of golf products. The Companyâs segments include Titleist golf balls, Titleist golf clubs, Titleist golf gear, and FootJoy golf wear. The Titleist golf balls segment is engaged in the design and manufacturing of a golf balls. The Titleist golf clubs segment designs, assembles, and sells golf clubs (drivers, fairways, hybrids, and irons) under the Titleist brand, wedges under the Vokey Design brand and putters under the Scotty Cameron brand. The Titleist golf gear segment includes golf bags, headwear, golf gloves, travel products, headcovers, and other golf accessories. The FootJoy golf wear segment includes golf shoes, gloves, and apparel. The Companyâs products include golf balls, golf clubs, wedges and putters, golf shoes, golf gloves, golf gear, and golf and ski outerwear and apparel. It designs, manufactures, and markets a range of products under the Titleist, FootJoy and KJUS brands.
ACUSHNET HOLDINGS CORP. 
