Life Time Announces Share Repurchase of Common Stock
Life Time agreed to repurchase 2.19 million shares of its common stock at $28.60 per share for a total of $62.7 million, funding the transaction with cash on hand. Concurrently, selling stockholders affiliated with Leonard Green & Partners, TPG, and Partners Group sold 8.77 million shares to an affiliate of Atairos Group at the same price.
Key figures
- Repurchase price
- 28.6
- Shares outstanding
- 222602738
- Shares repurchased
- 2192500
- Repurchase total usd
- 62705500
- Investor purchase value
- 250822000
- Investor purchase shares
- 8770000
AI analysis
Red flags1 · Pro
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.