TKO Group Holdings, Inc. (NYSE:TKO) announces a share repurchase program. Under the program, the company will repurchase up to 1,853,724 shares for $165 million. The shares will be repurchased at price of $89.01 per share.

The repurchases will be funded from revolving credit facility and with cash on hand. The repurchased shares will be retired. The repurchase program is valid till April 10, 2024, subject to the satisfaction of customary closing conditions.