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

Posted Wednesday, January 4, 2012 11:08 AM | 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.

Wednesday, January 4, 2012 12:42 PM
Jason Hammond's avatar

WSJ wants me to join to read the whole article. So, I found this one instead.

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Wednesday, January 4, 2012 4:02 PM

"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.

Thursday, January 5, 2012 12:53 AM

Increasing the dividend would have been even more shareholder friendly.


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