Red Rock Resorts (RRR) Declares $3.00 Special Dividend; 6.1% Yield

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Red Rock Resorts, Inc. Announces Commencement of Cash Tender Offer to Purchase Shares of its Class A Common Stock for an Aggregate Purchase Price of Not More than $350,000,000 at Price Not Greater Tha

November 10, 2021 9:15 AM EST

LAS VEGAS, Nov. 10, 2021 /PRNewswire/ -- Red Rock Resorts, Inc. (the "Company" or "RRR") (NASDAQ: RRR) today announced that it commenced a "modified Dutch Auction" tender offer to purchase up to $350,000,000 in aggregate purchase price of its issued and outstanding shares of Class A Common Stock, par value $0.01 per share (each, a "Share," and collectively, the "Shares"), or such lesser aggregate purchase price of Shares as are properly tendered and not properly withdrawn, at a price not greater than $53.00 nor less than $46.00 per Share to the... More