# Planet Fitness, Inc. (PLNT) — capital_return/recapitalization [announced]
Source: SEC API (secapi.ai) · situation sit_f97daf5c54bb78339582 · retrieved 2026-08-12T07:00:23.695Z

## Overview
Planet Fitness, Inc. is one of the largest and fastest-growing franchisors and operators of fitness centers in the world by number of members and locations, with approximately 21.5 million members and 2,930 clubs as of June 30, 2026, operating in all 50 states, the District of Columbia, Puerto Rico, Canada, Panama, Mexico, Australia and Spain.

Planet Fitness, Inc. repurchased and retired approximately 4.0 million shares of Class A common stock for $200.0 million during the second quarter ended June 30, 2026. The company also updated its 2026 outlook to reflect the impact of the share repurchase, adjusting adjusted net income per share, diluted guidance to increase approximately 6% (previously approximately 4%), based on adjusted diluted weighted-average shares outstanding of approximately 77.0 million (previously approximately 79.0 million), inclusive of the shares repurchased through the second quarter of 2026.

## Terms
- Deal value: $200.0M · Consideration: cash · Price/share: $50

## Key dates
- Announced 2026-08-06

## Timeline
- 2026-08-06 · 8-K (0001637207-26-000042): 8-K - Planet Fitness, Inc. — *Planet Fitness, Inc. is one of the largest and fastest-growing franchisors and operators of fitness centers in the world by number of members and locations, with approximately 21.5 million members and 2,930 clubs as of June 30, 2026, operating in all 50 states, the District of Columbia, Puerto Rico, Canada, Panama, Mexico, Australia and Spain.* Planet Fitness, Inc. repurchased and retired approximately 4.0 million shares of Class A common stock for $200.0 million during the second quarter ended June 30, 2026. The company also updated its 2026 outlook to reflect the impact of the share repurchase, adjusting adjusted net income per share, diluted guidance to increase approximately 6% (previously approximately 4%), based on adjusted diluted weighted-average shares outstanding of approximately 77.0 million (previously approximately 79.0 million), inclusive of the shares repurchased through the second quarter of 2026.
  https://www.sec.gov/Archives/edgar/data/1637207/0001637207-26-000042.txt

## Citations
- 0001637207-26-000042 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000163720726000042