Life Time Initiates Share Repurchase Program to Enhance Stockholder Value

Life Time's Strategic Share Repurchase Program

Life Time Group Holdings, Inc., publicly traded under NYSE LTH, has recently taken significant steps to enhance shareholder value through a robust share repurchase program. The Company revealed its intentions on May 5, 2026, agreeing to acquire a total of 2,192,500 shares of its common stock at a purchase price of $28.60 per share, amounting to an impressive $62,705,500 in total. This buyback will be conducted in a private transaction involving several current stockholders, including affiliates of prominent investment firms such as Leonard Green & Partners, L.P., TPG Inc., and Partners Group (USA) Inc.

In addition to the share repurchase, these selling stockholders have disclosed their agreement to sell 8,770,000 shares of Life Time's common stock to an affiliate of Atairos Group, Inc., also at the price of $28.60 per share, which totals around $250,822,000. This transaction is categorized as an 'Investor Purchase' and is exempt from registration under the Securities Act of 1933, thereby highlighting its significance to investors and the overall market.

This coordinated effort by Life Time not only showcases its capability to manage its capital effectively but also presents a strategic opportunity for the company to enhance its liquidity and reduce outstanding shares in circulation. Following the completion of these transactions, ownership stakes for the involved investment firms are expected to stand at approximately 8.5%, 6.1%, and 1.3% of Life Time's outstanding shares based on 222,602,738 shares as reported on May 1, 2026.

The funding for this buyback will be sourced from Life Time's existing cash reserves, reinforcing the company’s financial stability and commitment to generating value for its shareholders. It is noteworthy that this buyback program received clearance from Life Time's board of directors as early as February 2026, indicating a forward-thinking approach to capital management.

About Life Time

Founded with the commitment to foster healthy lifestyles, Life Time operates over 190 athletic clubs across the United States and Canada. The company uniquely blends fitness with technology through its comprehensive mobile app, Life Time, which features its L•AI•C™ AI-driven health companion. Life Time serves a diverse demographic, catering to individuals as young as 90 days and those over 90 years of age, marking it as a cornerstone in the health and wellness sector.

Besides athletic facilities, Life Time also hosts over 25 iconic sporting events annually, establishing itself as a leader in health-oriented experiences. The firm emphasizes enduring values and a healthy lifestyle through its well-regarded LTH nutritional supplements and unique programs that support various wellness journeys.

Life Time has earned designation as a Great Place to Work®, reflecting its dedication to creating a positive work culture for its more than 45,000 team members.

About Atairos Group

Atairos is an independent investment firm focused on fostering growth in businesses across various industries. Launched in 2016, Atairos possesses equity capital exceeding $6 billion, providing strategic partnerships and long-term capital to enterprises with substantial potential.

As the company embarks on this pivotal journey with significant financial maneuvers, observers in the investment community are keenly watching to see how these developments will shape its future trajectory and impact shareholder wealth. Forward-looking statements expressed by the company emphasize the development and execution of strategies aimed at sustaining its operational efficiency while navigating the complexities of the market.

In conclusion, Life Time's decisive action in share repurchases aligns with its overarching goal of maximizing shareholder value while reinforcing its status as an influential player in the health and wellness domain. As investors anticipate the seamless completion of these transactions, the market's response will likely dictate the upcoming valuation trends as Life Time continues to thrive and adapt in a dynamic landscape.