Six Flags unveils plan to buy back up to $250 million in stock

Posted | Contributed by Jeff

Six Flags Entertainment Corp.'s (SIX) board authorized an additional $250 million in share buybacks, as the theme-park operator became the latest company to make shareholder-friendly moves.

Read more from The Wall Street Journal.

WSJ wants me to join to read the whole article. So, I found this one instead.
http://finance.yahoo.com/news/six-flags-buy-back-250m-145903243.html

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"Its shares rose 74 cents to $41.98 in morning trading. They hit a new 52-week high of $42.84 early in the session."

I would have thought this would be worth more than a 74 cent jump.

Increasing the dividend would have been even more shareholder friendly.

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