In 2017, Six Flags Entertainment Corporation announced a share repurchase program. Under the program, the company would repurchase up to $500 million worth of its common stock. The shares would be repurchased in the open market or privately negotiated transactions from time to time. The company intended to use the incremental debt proceeds from the bond offering to accelerate share repurchases. The repurchase program would be subject to financing agreements. Questions: Should Six Flags borrow money to repurchase shares? Why or why not?

Answer rating: 100% (QA)

Whether Six Flags Entertainment Corporation should borrow money to repurchase shares depends on various factors including the companys financial position market conditions and its longterm strategic g... View the full answer