Company: CZR
Filing Date: 2025-10-28
Form Type: 10-Q
Source: 0001590895-25-000130
Chunk: 44

Company: Caesars Entertainment, Inc.
Filing Date: 2025-10-28
Form: 10-Q
Item: Part I, Item 1
Chunk 44
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Balance as of September 30, 2024$97 Balance as of December 31, 2024$96 Foreign currency and other— Balance as of March 31, 202596 Foreign currency and other2 Balance as of June 30, 202598 Foreign currency and other(1)Balance as of September 30, 2025$97 Share Repurchase ProgramsDuring the three and nine months ended September 30, 2024, we reached the limit of authorized repurchases under our $150 million common stock repurchase plan announced on November 8, 2018, by acquiring 3,872,478 shares of common stock at an aggregate value of $141 million.

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CAESARS ENTERTAINMENT, INC.NOTES TO CONSOLIDATED CONDENSED FINANCIAL STATEMENTS (CONTINUED)(UNAUDITED)

On October 2, 2024, the Company announced that its Board authorized a $500 million common stock repurchase program (the “2024 Share Repurchase Program”). Under the 2024 Share Repurchase Program, the Company may, from time to time, repurchase shares of common stock on the open market (either with or without a 10b5-1 plan) or through privately negotiated transactions. The 2024 Share Repurchase Program has no time limit and may be suspended or discontinued at any time without notice. There is no minimum number of shares of common stock that the Company is required to repurchase under the 2024 Share Repurchase Program. The Company repurchased 1,262,990 shares of common stock at an aggregate value of $50 million during the fourth quarter of 2024.The following table illustrates the Company’s share repurchases for the three and nine months ended September 30, 2025 and 2024:Three Months Ended September 30,Nine Months Ended September 30,(In millions, except per share data)2025202420252024Shares repurchased (a)3 4 7 4 Total cost (b)$79 $141 $179 $141 Average price paid per share$25.33 $36.38 $24.48 $36.38 ____________________(a)Shares repurchased reflect repurchases settled during the three and nine months ended September 30, 2025 and 2024. These amounts exclude repurchases, if any, traded but not