Caesars Entertainment (CZR) Approves $500M Buyback

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Caesars Entertainment Announces Share Repurchase Authorization of Up To $500 Million

May 2, 2018 4:02 PM EDT

LAS VEGAS, May 2, 2018 /PRNewswire/ -- Caesars Entertainment Corporation (NASDAQ: CZR) ("Caesars Entertainment") today announced that its Board of Directors has authorized the repurchase of up to $500 million of the company's outstanding common stock.

"The new repurchase authorization allows us flexibility to strategically return cash to shareholders while pursuing accretive growth opportunities,"... More