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Planet Fitness, Inc. Announces $350 Million Accelerated Share Repurchase Program
Planet Fitness will repurchase about 2.5 million shares initially under a $350 million agreement, part of a new $500 million share repurchase program authorized by its Board.
- Dec. 15, 2025 — Planet Fitness, Inc. announced an accelerated share repurchase agreement with Citibank, N.A., paying $350 million and initially receiving about 2.5 million Class A shares.
- As part of the existing 2024 Share Repurchase Program , Planet Fitness, Inc.'s Board of Directors approved a 2025 Share Repurchase Program .
- Settlement is expected by the first quarter of 2026, and the final number of shares repurchased will depend on average daily volume-weighted average price with adjustments under the ASR terms.
- The Company cautioned that it is not obligated to buy any specific amount and can suspend or terminate the program, which is subject to the indenture governing outstanding notes and capital markets conditions, the press release said.
- The company warned that the release includes forward-looking statements, noting these involve risks and uncertainties including capital markets, indebtedness and franchisee operations, the Company said.
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Planet Fitness, Inc. Announces $350 Million Accelerated Share Repurchase Program
HAMPTON, N.H., Dec. 15, 2025 /PRNewswire/ -- Planet Fitness, Inc. (NYSE: PLNT) (the "Company") today announced that it has entered into a $350 million accelerated share repurchase agreement (the "ASR Agreement") with Citibank, N.A. (the "Bank"). The Company will acquire…
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Leaning Left3Leaning Right3Center14Last UpdatedBias Distribution70% Center
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C 70%
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