Planet Fitness announced that it has entered into a $280M accelerated share repurchase agreement with Citibank, N.A. The company will acquire shares under the ASR Agreement as part of its $500M share repurchase authorization previously announced on November 8, 2022. As of June 13, 2024, before giving effect to the ASR Agreement, approximately $355M remained available for share repurchases pursuant to the 2022 Share Repurchase Program.
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