Dave & Buster's board authorizes additional $200M buyback
Dave & Buster's Entertainment announced an increase in share repurchase authorization. On July 12th, 2019, the company's board of directors authorized the repurchase of an additional $200M of the company's stock under the existing repurchase program through the end of fiscal 2020. All other terms of the share repurchase program remain in effect. The company now has a total share repurchase authorization of $800M. Year-to-date, as of July 11, 2019, the company had repurchased 3.1M shares for $135M. As of the same date, the inception-to-date total was approximately 9.4M shares for $465M. Including the additional authorization, the company currently has approximately $335M available for share repurchases.