Playboy repurchases 16,600,000 shares from Fortress at USD 1.05 each for USD 17.4 million
Playboy Inc.
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- Playboy entered a deal to repurchase 16,600,000 shares from Fortress funds at USD 1.05 each, totaling about USD 17.4 million.
- The buyback covers Fortress’s entire stake, representing nearly 15% of outstanding shares, priced at a 28% discount to market value.
- USD 2 million was paid at signing, with about USD 15.4 million due in three installments through Dec. 31, 2026.
- Rizvi Traverse and Byborg affiliate The Million will buy any shares Playboy does not repurchase, pro rata to current holdings.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Playboy Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202606220830PRIMZONEFULLFEED9750106) on June 22, 2026, and is solely responsible for the information contained therein.
