Tranche Update on Accel Entertainment, Inc.'s Equity Buyback Plan announced on November 22, 2021.
August 03, 2023 at 04:42 pm EDT
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From April 1, 2023 to June 30, 2023, the company has repurchased 887,174 shares, representing 1.03% for $8.11 million. With this, the company has completed the repurchase of 9,709,175 shares, representing 10.72% for $100.32 million under the buyback announced on November 22, 2021.
Accel Entertainment, Inc. is a distributed gaming operator in the United States and a partner for local business owners in the markets it serves. The Company's business consists of the installation, maintenance and operation of gaming terminals, redemption devices that disburse winnings and contain automated teller machine (ATM) functionality, and other amusement devices in authorized non-casino locations such as restaurants, bars, taverns, convenience stores, liquor stores, truck stops, and grocery stores. It also operates ATMs in gaming and non-gaming locations. The Companyâs gaming-as-a-service platform provides local businesses with a turnkey gaming solution. It owns all of its gaming equipment and manages the operating process for its licensed partners. In addition to its gaming business, it also installs, operates and services redemption devices that have ATM functionality, ATMs and amusement devices, including jukeboxes, dartboards, pool tables, pinball machines and others.
ACCEL ENTERTAINMENT, INC. 
