Churchill Downs announces new $500M share repurchase program, replacing prior authorization

Churchill Downs Inc

$500M share repurchase program authorized by Board of Directors, replacing September 2021 program.
Prior program had $125.6M unused authorization; new program includes that amount.
Repurchases may be made in open market or privately negotiated; no time limit on the program.
Program can be suspended or discontinued at management's discretion.

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