20.11.2013 14:38:53
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Six Flags Board Approves Stock Repurchase Plan - Quick Facts
(RTTNews) - Six Flags Entertainment Corp. (SIX) announced its board has approved a stock repurchase plan that allows the company to repurchase an incremental $500 million of its stock.
Since February 2011, the company has repurchased nearly $800 million of its stock and has approximately $14 million available under its current plan.
Jim Reid-Anderson, Chairman, President and CEO, said, "In addition to our solid operational performance and nearly five percent dividend yield, an expansion of our stock repurchase plan provides us yet another way to deliver value for our shareholders."
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