Cedar fair announces updated capital allocation strategy

Sandusky, ohio--(business wire)--cedar fair entertainment company (nyse: fun), a leader in regional amusement parks, water parks and immersive entertainment, today announced its board of directors has approved an updated capital allocation strategy, highlighted by the declaration of a cash distribution of $0.30 per limited partner (lp) unit and the authorization of a $250 million unit repurchase program. the distribution is payable on september 15, 2022, to unitholders of record as of august 31
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