trending Market Intelligence /marketintelligence/en/news-insights/trending/jrsyt5dbv18nj1hagupdya2 content esgSubNav
In This List

Caesars Entertainment ups share repurchase authorization

Case Study

An Investment Bank Taps S&P's Real Estate Modeling Expertise

Blog

FIMA EUROPE 2023: Exploring the Intersection of Data, Governance, and Future Trends in Finance

Podcast

Private Markets 360° | Episode 8: Powering the Global Private Markets (with Adam Kansler of S&P Global Market Intelligence)

Blog

Infographic: The Big Picture 2024 – Energy Transition Outlook


Caesars Entertainment ups share repurchase authorization

Caesars Entertainment Corp. said Aug. 10 that its board increased the company's share buyback authorization to $750 million from the previously announced $500 million.

The casino and gaming company authorized the $500 million share repurchase on May 2. Since then, Caesars has bought back 23 million shares, representing 3.3% of the company's outstanding shares. The company bought the shares at $10.22 per share for a total consideration of $232 million.

With the increase, Caesars has $518 million remaining under its share repurchase program.