Boyd Gaming Plans Additional $500M Share Repurchase Authorization
Portfolio Pulse from Benzinga Newsdesk
Boyd Gaming announces an additional $500M share repurchase authorization, bringing its total repurchase authority to $721M as of March 31, 2024. Also, a quarterly cash dividend of $0.17 per share is declared, payable on July 15, 2024, to shareholders of record as of June 15, 2024.

May 13, 2024 | 11:16 am
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POSITIVE IMPACT
Boyd Gaming's additional $500M share repurchase authorization and the declaration of a $0.17 quarterly dividend signal strong financial health and a commitment to returning value to shareholders.
Share repurchase programs often indicate that a company believes its shares are undervalued, which can lead to increased investor confidence and potentially higher stock prices. Dividends provide a direct return to shareholders, further signaling financial stability and a positive outlook.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100