Golden Entertainment Boosts Share Buyback Authorization To $100M
Portfolio Pulse from Benzinga Newsdesk
Golden Entertainment has increased its share buyback authorization to $100 million.
July 31, 2023 | 9:47 pm
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Golden Entertainment's decision to increase its share buyback authorization to $100 million could potentially boost its stock price.
Share buybacks often lead to an increase in the stock price as they reduce the number of shares outstanding, which increases earnings per share. This move by Golden Entertainment signals confidence in the company's future prospects.
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