Vail Resorts' stock prices continued to rise from a low of $33.51 after the company annouced plans to buy back 3 million more shares of the company's common stock, increasing the total number of shares available for repurchase to 3.3 million. The CEO of Vail Resorts Robert Katz said this decision was based upon "our Company's continued strong financial condition and it reflects the Board's confidence in Vail Resorts' growth potential".