Bally’s snaps up shares worth $106.8m in stock buyback

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The shares represent 9.2% of Bally’s total outstanding common shares, with the tender concluding at midnight on 22 July, having begun on 24 June. It originally planned to buy up almost a fifth (18.8%) of its common shares.

The preliminary count was taken by the depository for the tender offer, the American Stock Transfer & Trust Company. Out of the total shares, 2,143,640 were tendered through notice of guaranteed delivery.

Read the full story on iGB North America.

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