Dave & Buster’s Announces Additional Repurchase Authorization of $100 million


DALLAS, Sept. 08, 2017 (GLOBE NEWSWIRE) -- Dave & Buster's Entertainment, Inc. (NASDAQ:PLAY), an owner and operator of entertainment and dining venues, today announced an increase in share repurchase authorization.

On September 7, 2017, the company’s board of directors authorized the repurchase of an additional $100 million of the company’s stock under the existing repurchase program through the end of fiscal 2018. At the end of second quarter 2017, the company still had nearly $73 million remaining under the existing repurchase authorization. All other terms of the existing share repurchase program remain in effect.

About Dave & Buster’s Entertainment, Inc.

Founded in 1982 and headquartered in Dallas, Texas, Dave & Buster's Entertainment, Inc., is the owner and operator of 100 venues in North America that combine entertainment and dining and offer customers the opportunity to "Eat, Drink, Play and Watch," all in one location. Dave & Buster's offers a full menu of "Fun American New Gourmet" entrées and appetizers, a full selection of alcoholic and non-alcoholic beverages, and an extensive assortment of entertainment attractions centered around playing games and watching live sports and other televised events. Dave & Buster's currently has stores in 34 states and Canada.

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