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0 0.000233972859148292 0.000233972859148292 0.000233972859148292 0.000321712681329006 0.000321712681329006 0.000204726251754776 0.000204726251754776
Stock impact report

Wingstop Announces Additional $500 Million Share Repurchase Authorization [Yahoo! Finance]

Wingstop Inc. (WING) 
Last wingstop inc. earnings: 2/19 07:30 am Check Earnings Report
US:NASDAQ Investor Relations: ir.wingstop.com/overview/default.aspx
Company Research Source: Yahoo! Finance
additional $500 million of its outstanding shares of common stock under its existing share repurchase program, effective immediately. This repurchase program follows the substantial completion of purchases of common stock under the inaugural $250 million repurchase authorization from August 2023 . With this additional repurchase authorization, the Company anticipates executing a $250 million accelerated share repurchase ("ASR") program that will commence in the fourth quarter of 2024. "We believe our asset-lite, highly-franchised model enables industry-leading shareholder returns," commented Alex Kaleida , Chief Financial Officer. "Since becoming a public company in 2015, we have returned more than $1 billion of capital to shareholders. Our share repurchase program is another example of the long-term value creation enabled by our category of one operating model." Repurchases under the program may be made in the open market, in privately negotiated transactions or by other means, i Show less Read more
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