GRAND PRAIRIE, Texas, Jan. 3, 2012 /PRNewswire/ — Six Flags Entertainment Corporation (NYSE: SIX) announced today that its board of directors has approved a stock repurchase plan that allows the company to repurchase $250 million of its stock through 2015. In February 2011, the company announced a three-year $60 million plan that has substantially been completed.
“Our Board of Directors remains extremely confident in the company’s future capabilities and, with the flexibility provided by our recent debt refinancing, we are in a unique position to further enhance shareholder value through a new share repurchase plan,” said Jim Reid-Anderson, Chairman, President and Chief Executive Officer, Six Flags Entertainment.
