Company: CZR
Filing Date: 2025-02-25
Form Type: 10-K
Source: 0001590895-25-000068
Chunk: 432

Company: Caesars Entertainment, Inc.
Filing Date: 2025-02-25
Form: 10-K
Item: Item 1
Chunk 432
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— $— $2 Unrecognized Compensation CostAs of December 31, 2024, the Company had $105 million of unrecognized compensation expense, which is expected to be recognized over a weighted-average period of 1.8 years.Accumulated Other Comprehensive IncomeThe changes in AOCI by component, net of tax, for the periods through December 31, 2024 and 2023 are shown below.Changes in AOCI by component, net of tax(In millions)Unrealized Net Gains on Derivative InstrumentsForeign Currency Translation Adjustments OtherTotal Balances as of December 31, 2022$94 $(1)$(1)$92 Other comprehensive income before reclassifications— 1 4 5 Total other comprehensive income, net of tax— 1 4 5 Balances as of December 31, 2023$94 $— $3 $97 Other comprehensive loss before reclassifications— — (1)(1)Total other comprehensive loss, net of tax— — (1)(1)Balances as of December 31, 2024$94 $— $2 $96 Share Repurchase ProgramOn November 8, 2018, the Company announced that its Board of Directors authorized a $150 million common stock repurchase program (the “2018 Share Repurchase Program”). For the year ended December 31, 2024, the Company acquired 3,872,478 shares of common stock under the 2018 Share Repurchase Program at an aggregate value of $141 million, excluding any applicable excise taxes, and an average of $36.38 per share. In connection with these repurchases, including repurchases of $9 million in 2018, the 2018 Share Repurchase Program was completed and all shares repurchased under the 2018 Share Repurchase Program were retired. 

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

On October 2, 2024, the Company announced that its Board of Directors 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)