March 13, 2018 / 8:20 PM / 6 months ago

BRIEF-Mgm Resorts International Announces Repurchase Of 10 Million Shares Of Common Stock From Tracinda Corp

March 13 (Reuters) - Mgm Resorts International:

* MGM RESORTS INTERNATIONAL ANNOUNCES REPURCHASE OF 10 MILLION SHARES OF COMMON STOCK FROM TRACINDA CORPORATION

* MGM RESORTS INTERNATIONAL ANNOUNCES REPURCHASE OF 10 MILLION SHARES OF COMMON STOCK FROM TRACINDA CORPORATION

* MGM RESORTS INTERNATIONAL - WILL PURCHASE 10 MILLION SHARES OF ITS COMMON STOCK FROM TRACINDA CORPORATION AT $36.24 PER SHARE

* MGM RESORTS INTERNATIONAL - ‍FOLLOWING PURCHASE, TRACINDA WILL OWN ABOUT 27.2 MILLION SHARES, OR 4.8% OF COMPANY’S OUTSTANDING COMMON STOCK​

* MGM RESORTS INTERNATIONAL - ‍REPURCHASE IS EXPECTED TO OCCUR ON MARCH 15, 2018​ Source text for Eikon: Further company coverage: (Reuters.Brief@thomsonreuters.com)

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