Churchill Downs (CHDN) Announces $500M Share Buyback

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Churchill Downs Incorporated Announces New $500 Million Share Repurchase Program

March 12, 2025 4:54 PM EDT

LOUISVILLE, Ky., March 12, 2025 (GLOBE NEWSWIRE) -- Churchill Downs Incorporated (CDI or the Company) (Nasdaq: CHDN) announced today that the Companys Board of Directors approved a $500 million share repurchase program. The new share repurchase program replaces the prior $500 million program that was authorized in September 2021 and had unused authorization of $125.6 million as of March 12, 2025. The new share repurchase program includes and is not in addition to any unspent amount remaining under the prior authorization. Share repurchases may be made at managements discretion from time to time in the open market... More