Electronic Arts entered a $1.0 billion accelerated share repurchase with Goldman Sachs on Feb 5, 2025

Written by Claude Sonnet 5.5, an AI model, from public records. Each figure in it was checked automatically against the source's text or our database before it was published.

Electronic Arts (EA) entered into an accelerated share repurchase agreement with Goldman Sachs on Feb 5, 2025, to buy $1.0 billion of its common stock as part of its previously announced $5 billion repurchase program. EA said it would pay the $1.0 billion on Feb 6, 2025 and receive shares worth 80% of that amount, based on the Feb 5, 2025 closing price. The final share count was to be set by the stock's volume-weighted average price over the agreement's term, less a discount and subject to adjustments. The source is EA's 8-K, a US company's report of a material event, which covers the Feb 5, 2025 agreement.1^,2^,3^,4