Churchill Downs Incorporated Announces New $750 Million Share Repurchase Program
Churchill Downs Incorporated's Board of Directors has authorized a new $750 million share repurchase program, replacing the previous $500 million authorization.
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Churchill Downs Incorporated announced record third-quarter 2026 financial results, reporting revenue of $696 million and adjusted earnings per share of $1.23, both exceeding analyst consensus estimates.
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Churchill Downs Incorporated's Board of Directors has authorized a new $750 million share repurchase program, replacing the previous $500 million authorization.
Filed: 2026-10-28 AccNo: 0000020212-26-000088 Size: 194 KB Item 7.01: Regulation FD Disclosure Item 9.01: Financial Statements and Exhibits
Jefferies analyst David Katz provided an update on Churchill Downs' competitive position in Virginia, noting the potential impact of upcoming midterm election results and local referenda on historical horse racing machines.