#!/usr/bin/perl

use strict; # https://perlmonks.org/?node_id=11143647
use warnings;

while (my $x = <DATA>) {
    chomp $x;
    print "\n$x\n";
    my $out = '';
    while (
        $x =~ m/
        ([[:punct:]]*)      # $1: leading punct marks
        (                   # $2: a "word" consisting of
            [[:word:]]+     # word
            (?:
               (?: '-? | - )
               [[:word:]]+  # and ending in pure word characters
            )*
        )
        ( (?: --+ | [[:punct:]]* ) \ ? )   # $3: trailing punct marks ending
                              # or multi-dashs
                              # with space (except at end of
                              # line?)
        /xxg
    )
    {
        $out .= sprintf "{%s|%s|%s} ",
            # make whitespace visible
            map {(my $y = $_ // '') =~ tr/ /_/; $y}  $1, $2, $3;
    }
print "$out\n" =~ s/ $//r =~ s/.{65}\K /\n/gr;
}
__DATA__
"'Uncouth' about sums it up."
The word they will use is 'uncouth'.
"It's the old story."
It's a will-o'-the-wisp--a two-fer--and Bob's-yer-uncle at four o'clock.
It's two o'clock--time for a nap.
Remember 45's?
What about (this)?
[Editor's note: blah blah] and so on...
A ... and B
I said--"What's the expression?"