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Stock impact report

DENNY’S CORPORATION FORTIFIES BALANCE SHEET

Denny's Corporation (DENN) 
Last denny's corporation earnings: 2/11 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.dennys.com
Company Research Source: GlobeNewswire
- Draws Down Capacity on Revolving Line of Credit -- Terminates Trading Plan - SPARTANBURG, S.C., March 16, 2020 (GLOBE NEWSWIRE) -- Denny’s Corporation (NASDAQ: DENN), franchisor and operator of one of America's largest franchised full-service restaurant chains, today announced that the Company has secured additional funding through its revolving credit facility to provide enhanced financial flexibility in light of uncertain market conditions arising from the COVID-19 pandemic.  The Company has terminated its limited pre-arranged stock trading plan, effective today.  No shares had yet been purchased under this plan at the time of termination.  The plan had been established for the purpose of repurchasing a limited number of shares of the Company’s common stock between March 16, 2020 and April 30, 2020, through an independent broker in accordance with the guidelines specified under Rule 10b5-1 of the Securities Exchange Act of 1934, as amended, and the Company’s policies regarding Show less Read more
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