MGM Resorts International Schedule 13D Amendment
2026-03-25SEC Filing SCHEDULE 13D/A (0001104659-26-034732)
This filing is an amendment to a previous Schedule 13D filing, reporting an increase in shares held by IAC Inc. ("IAC") in MGM Resorts International. As of the filing date, IAC beneficially owns approximately 66,822,350 shares, representing 26.1% of the outstanding common stock. This ownership percentage is based on 255,828,519 shares outstanding as of February 9, 2026. The amendment details that on March 23 and 24, 2026, IAC purchased an additional 1,000,000 shares for approximately $37,231,830 using cash on hand. No other transactions in the shares were made by IAC in the 60 days prior to this amendment, excluding the recent purchases. The filing also notes that MGM Resorts International has a history of share repurchase programs.
Related industry:Resorts & Casinos
Source:Original SEC Document β