Credit Acceptance Corp. Files 8-K for Other Event
Ticker: CACC · Form: 8-K · Filed: 2025-09-30T00:00:00.000Z
Sentiment: neutral
Topics: 8-K, disclosure
Related Tickers: CAC
TL;DR
CAC filed an 8-K for an 'Other Event' on 9/29/25. Details TBD.
AI Summary
Credit Acceptance Corp. filed an 8-K on September 30, 2025, reporting an "Other Event" on September 29, 2025. The filing does not contain specific details about the nature of this event, only its occurrence and reporting date.
Why It Matters
This filing indicates a material event has occurred for Credit Acceptance Corp. that requires disclosure, though the specific nature of the event is not yet detailed.
Risk Assessment
Risk Level: medium — The filing indicates a material event has occurred, but the lack of specific details creates uncertainty about its impact.
Key Players & Entities
- Credit Acceptance Corp. (company) — Registrant
- September 29, 2025 (date) — Date of earliest event reported
- September 30, 2025 (date) — Date of Report
- 25505 West Twelve Mile Road (address) — Principal executive offices
- Southfield, Michigan (location) — Principal executive offices
FAQ
What specific event is Credit Acceptance Corp. reporting under the 'Other Events' section?
The filing does not specify the nature of the 'Other Event' that occurred on September 29, 2025.
When was this 8-K filing submitted to the SEC?
The 8-K filing was submitted on September 30, 2025.
What is the principal business of Credit Acceptance Corp.?
Credit Acceptance Corp. operates in the Personal Credit Institutions sector, SIC code 6141.
Where are Credit Acceptance Corp.'s principal executive offices located?
The principal executive offices are located at 25505 West Twelve Mile Road, Southfield, Michigan 48034-8339.
What is the fiscal year end for Credit Acceptance Corp.?
The fiscal year end for Credit Acceptance Corp. is December 31.
Filing Stats: 485 words · 2 min read · ~2 pages · Grade level 13 · Accepted 2025-09-30 09:03:11
Filing Documents
- cacc-20250929.htm (8-K) — 24KB
- 0000885550-25-000107.txt ( ) — 136KB
- cacc-20250929.xsd (EX-101.SCH) — 2KB
- cacc-20250929_lab.xml (EX-101.LAB) — 21KB
- cacc-20250929_pre.xml (EX-101.PRE) — 12KB
- cacc-20250929_htm.xml (XML) — 3KB
01. Other Events
Item 8.01. Other Events. On September 29, 2025, the Board of Directors (the "Board") of Credit Acceptance Corporation (the "Company") authorized the repurchase of up to two million shares of the Company's common stock in addition to the Board's prior authorizations. The additional shares may be repurchased from time to time in the open market, through privately negotiated transactions, through block trades, pursuant to trading plans adopted in accordance with Rule 10b5-1 under the Securities Exchange Act of 1934 or otherwise. The authorization does not have a specified expiration date. Accordingly, unless terminated earlier by resolution of the Board, the share repurchase program will expire when the Company has repurchased all shares authorized for repurchase thereunder. As of September 29, 2025, there were 190,018 shares remaining under the prior repurchase authorization.
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. CREDIT ACCEPTANCE CORPORATION Date: September 30, 2025 By: /s/ Jay D. Martin Jay D. Martin Chief Financial Officer