Playboy to buy back 16.6M shares from Fortress at $1.05 each
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Playboy to Repurchase 16.6 Million Shares at 28% Discount to Market Value
June 22, 2026 8:30 AM EDTOpportunistic Buyback of Fortresss Entire Position Represents Nearly 15% of Outstanding SharesÂ
Negotiated Payment Schedule Through Year End Preserves Balance Sheet Flexibility and is Immediately Accretive to EPS
Remaining Purchase Price is Backstopped through Commitments from Rizvi Traverse and Byborg
LOS ANGELES, June 22, 2026 (GLOBE NEWSWIRE) -- Playboy, Inc. (NASDAQ: PLBY) (the Company or Playboy), a global pleasure and leisure company, today announced that it entered into a definitive agreement to repurchase approximately 16.6 million shares of its common stock the entire equity... More
