MGM to Repurchase $2B Worth of its Own StockWritten by: Todd Shriber

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MGM Resorts International (NYSE:MGM) announced Wednesday that its board of directors approved a new $2 billion share repurchase plan. That marks one of the largest shareholder rewards programs in the gaming industry since the start of the coronavirus pandemic. The virus outbreak previously prompted casino operators to halt buyback efforts and cut or suspend dividends.
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