BOYD GAMING ANNOUNCES ADDITIONAL $500 MILLION SHARE REPURCHASE AUTHORIZATION
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Boyd Gaming Corporation has announced an additional $500 million authorization for its share repurchase program, bringing the total remaining repurchase authority to approximately $843 million. The company also declared a quarterly dividend of $0.17 per share.
December 05, 2024 | 9:30 pm
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Boyd Gaming Corporation has increased its share repurchase program by $500 million, with a total of $843 million now available for repurchases. The company also declared a quarterly dividend of $0.17 per share.
The increase in the share repurchase program is likely to positively impact Boyd Gaming's stock price as it signals confidence in the company's financial health and can reduce the number of shares outstanding, potentially increasing EPS. The dividend declaration further indicates financial stability and shareholder value return.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100