Denny's announces stock repurchase program

by Meat&Poultry Staff
Share This:

SPARTANBURG, SC – The board of directors of Denny’s Corp. has approved a new stock repurchase program that will allow the company to repurchase up to 6 million shares of Denny’s common stock.

The company may buy common stock in the open market or in privately negotiated transactions, Denny’s said. The amount and timing of the stock re-buy will depend on factors such as price and availability, trading volume and general market conditions.

Denny’s had more than 96 million shares of common stock outstanding as of April 27.

Comment on this Article
We welcome your thoughtful comments. Please comply with our Community rules.

 

 


The views expressed in the comments section of Meat and Poultry News do not reflect those of Meat and Poultry News or its parent company, Sosland Publishing Co., Kansas City, Mo. Concern regarding a specific comment may be registered with the Editor by clicking the Report Abuse link.