United Parks & Resorts Inc. announced a $500 million share repurchase authorization on September 5, 2025.
The company's stockholders approved the buyback authorization at a Special Meeting of Stockholders on September 3, 2025.
The share repurchase program allows for the repurchase of the Company's common stock through various methods.
Share Repurchase Authorization
Approved buyback of $500 million by stockholders.
Authorized Repurchase Methods
Can repurchase shares through open market purchases, privately-negotiated transactions, or as per applicable laws.
Limitations on Repurchase
Cannot repurchase additional shares if Hill Path's ownership exceeds 70%.
- The share repurchase program signals the company's confidence in its financial position and future prospects.
- Investing in its own shares reflects management's belief in the company's value and potential growth.
United Parks & Resorts Inc.'s $500 million share repurchase authorization demonstrates its commitment to return capital to shareholders and confidence in its business outlook.