AI brief of an SEC Form 8-K · Churchill Downs (CHDN)

Churchill Downs approves new $750 million share repurchase program

Neutral Impact 3 of 5 shareholder

Churchill Downs' board approved a $750 million share buyback that replaces the prior $500 million program from July 2025. The new authorization includes the $306 million remaining under the old program as of October 27, 2026, and has no time limit.

Key points

  • New repurchase program authorized at $750 million, announced October 27, 2026.
  • Replaces the $500 million program authorized in July 2025; $306 million remained under it at the close of trading on October 27, 2026.
  • Repurchases may be made in the open market, with or without a 10b5-1 plan, or through privately negotiated transactions, and may be suspended or discontinued at any time.

The filing

CompanyChurchill Downs (CHDN)
Form8-K, current report
Filed with the SECOct 28, 2026, 4:29 PM ET
Accession number0000020212-26-000088

Items reported: 7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

Written by AI on Nov 7, 2026, 11:17 PM ET, from this filing only.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.