Topgolf Callaway Brands Corp. has officially changed its corporate name back to Callaway Golf Company. The move comes after the company completed the sale of its 60 percent stake in its Topgolf and Toptracer businesses to Leonard Green & Partners.
The company’s ticker symbol also changed on the New York Stock Exchange from “MODG” to “CALY” on January 16, 2026.
Prior to the acquisition of Topgolf, the company had the ticker symbol “ELY” in a nod to company founder Ely Callaway. CALY seems to make sense again as a reference to its northern San Diego County roots after the last change to MODG, when the Topgolf acquisition closed, to the company’s focus on a new, ill-fated positioning as “modern golf.”
In connection with the close of the sale of the Topgolf stake, the company repaid $1 billion of outstanding borrowings.
The company’s portfolio now consists of Callaway Golf, Odyssey, TravisMathew, and Ogio.
Image courtesy Callaway Golf Company
