Life Time buys back 2.19M shares at $28.60, while Atairos buys 8.77M shares in private deals.

Life Time Group Holdings agreed to repurchase 2,192,500 shares of its common stock at $28.60 per share for $62.7 million from existing shareholders. Concurrently, Atairos Group is buying 8,770,000 shares at the same price in a private transaction, totaling nearly 11 million shares sold by shareholders. The Atairos purchase will settle in two parts, pending regulatory approval. These moves reflect strategic ownership changes, with Life Time funding the buyback from cash reserves and maintaining significant stakes for key investors.