Tranche Update on Cedar Fair, L.P.'s Equity Buyback Plan announced on May 4, 2023.
November 02, 2023 at 09:10 pm
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From June 26, 2023 to September 24, 2023, the company has repurchased 314,537 shares, representing 0.61% for $12.04 million. With this, the company has completed the repurchase of 314,537 shares, representing 0.61% for $12.04 million under the buyback announced on May 4, 2023.
Cedar Fair, L.P. is a regional amusement park operator. The Company operates approximately 13 properties, consisting of 11 amusement parks, four separately gated outdoor water parks, and resort accommodations totaling more than 2,300 rooms and 600 luxury recreational vehicle (RV) sites. Its parks are family-oriented, with recreational facilities for people of all ages, and provide clean and attractive environments with rides and immersive entertainment. Its parks operate seasonally except for Knott's Berry Farm, which is typically open daily on a year-round basis. Its seasonal parks are generally open daily from Memorial Day until Labor Day. In addition to daily operations, its seasonal parks are open during select weekends, including at various properties in the fourth quarter for Halloween and winter events. Its Cedar Fairs parks are located in Ohio, California, North Carolina, South Carolina, Virginia, Pennsylvania, Minnesota, Missouri, Michigan, Texas and Toronto, Ontario.