Life Time Group Holdings, Inc. 8-K

What Happened
Life Time Group Holdings, Inc. announced it consummated a previously disclosed share repurchase on May 7, 2026. Under a Share Repurchase Agreement dated May 5, 2026, the company purchased 2,192,500 shares of its common stock for an aggregate purchase price of approximately $62,705,000. The transaction was made under the board-approved stock repurchase program authorized in February 2026 and involved certain selling stockholders, including affiliates of Leonard Green & Partners, TPG Inc., and Partners Group (USA) Inc.

Key Details

• Repurchase closed: May 7, 2026; Agreement dated May 5, 2026.
• Shares repurchased: 2,192,500 common shares.
• Aggregate purchase price: approximately $62,705,000.
• Transaction executed under the company’s board-approved February 2026 repurchase program; Share Repurchase Agreement filed as Exhibit 10.1 to the 8‑K.

Why It Matters
This buyback reduces Life Time’s outstanding share count and represents a cash deployment of about $62.7M, which can affect liquidity and capital allocation. For investors, fewer shares outstanding can be accretive to per‑share metrics (like EPS) and may signal management’s confidence in the business or a preference for returning capital to shareholders. The transaction and agreement details are documented in the company’s Form 8‑K filed May 7, 2026.