GRAND PRAIRIE, Texas
Nov. 20, 2013
/PRNewswire/ -- Six Flags Entertainment Corporation (NYSE: SIX) announced today that its board of directors approved a stock repurchase plan that allows the company to repurchase an incremental
of its stock. Since
, the company has repurchased nearly
of its stock and has approximately
available under its current plan.
"Our Board of Directors and management team are confident in the company's future growth prospects and our ability to generate strong recurring cash flow," said
, Chairman, President and Chief Executive Officer. "In addition to our solid operational performance and nearly five percent dividend yield, an expansion of our stock repurchase plan provides us yet another way to deliver value for our shareholders."
About Six Flags Entertainment Corporation
Six Flags Entertainment Corporation is the world's largest regional theme park company with
in revenue and 18 parks across
the United States
. For more than 50 years, Six Flags has entertained millions of families with world-class coasters, themed rides, thrilling water parks and unique attractions including up-close animal encounters, Fright Fest
and Holiday in the Park
SOURCE Six Flags Entertainment Corporation