---
schema_version: "secwatch.filing_event.v1"
accession: "0000921738-22-000053"
form_type: "8-K"
ticker: "PENN"
cik: "0000921738"
company_name: "PENN Entertainment, Inc."
filed_at: "2022-12-08T23:59:59+00:00"
generated_at: "2026-06-21T07:54:13.708889+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# PENN Entertainment announces new $750M share repurchase program through 2025

## Summary
- Board authorized new $750M buyback expiring Dec 31, 2025; supplements existing $750M Feb 2022 authorization.
- Company will exhaust remaining capacity under current $750M program before using new authorization.
- Repurchases subject to liquidity, market conditions, and may be suspended or discontinued without notice.
- No minimum share repurchase obligation; repurchases may use 10b5-1 plans or open market transactions.

## SEC filing metadata
- accession: 0000921738-22-000053
- form_type: 8-K
- ticker: PENN
- cik: 0000921738
- company_name: PENN Entertainment, Inc.
- filed_at: 2022-12-08T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/921738/000092173822000053/0000921738-22-000053-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/921738/000092173822000053/penn-20221206.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000921738-22-000053
- JSON: https://secwatch.observer/filing/0000921738-22-000053.json
- Plain text: https://secwatch.observer/filing/0000921738-22-000053.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.