Boyd Gaming Announces Additional $500 Million Share Repurchase Authorization
May 05 2023 - 9:00AM
Business Wire
Company Declares Quarterly Dividend of $0.16
Per Share
Boyd Gaming Corporation (NYSE: BYD) today announced that
its Board of Directors has authorized an additional $500 million
under the Company’s share repurchase program.
Considering the additional authorization, the Company had
approximately $633 million remaining in repurchase authority as of
March 31, 2023.
Additionally, the Board of Directors has declared a quarterly
cash dividend of $0.16 per share, payable July 15, 2023, to
shareholders of record as of June 15, 2023.
About Boyd Gaming
Founded in 1975, Boyd Gaming Corporation (NYSE: BYD) is a
leading geographically diversified operator of 28 gaming
entertainment properties in 10 states, manager of a tribal casino
in northern California, and owner and operator of Boyd Interactive,
a B2B and B2C online casino gaming business. The Company is also a
strategic partner and 5% equity owner of FanDuel Group, the
nation's leading sports-betting operator. With one of the most
experienced leadership teams in the casino industry, Boyd Gaming
prides itself on offering guests an outstanding entertainment
experience and memorable customer service. Through a long-standing
company philosophy called Caring the Boyd Way, Boyd Gaming is
committed to advancing Environmental, Social and Corporate
Governance (ESG) initiatives that positively impact the Company's
stakeholders and communities. For additional Company information
and press releases, visit https://investors.boydgaming.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20230504005871/en/
Financial Contact: Josh Hirsberg (702) 792-7234
joshhirsberg@boydgaming.com
Media Contact: David Strow (702) 792-7386
davidstrow@boydgaming.com
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