DENNYS CORPORATION (NASDAQ:DENN) Files An 8-K Other Events

DENNYS CORPORATION (NASDAQ:DENN) Files An 8-K Other Events
Item 8.01 Other Events

On March 21, 2017, the Company entered into a pre-arranged stock trading plan for the purpose of repurchasing a limited number of shares of the Company’s common stock in accordance with guidelines specified under Rule 10b5-1 of the Securities Exchange Act of 1934 and the Company’s policies regarding stock transactions. This plan has been established in accordance with, and as a part of, the Company’s stock repurchase program previously announced on May 26, 2016. Repurchases under the Company’s 10b5-1 plan will be administered through an independent broker. The plan will cover the repurchase of shares commencing no earlier than April 3, 2017 and expiring May 4, 2017. Repurchases are subject to SEC regulations as well as certain price, market volume and timing constraints specified in the plan.

About DENNY’S CORPORATION (NASDAQ:DENN)

Denny’s Corporation (Denny’s) is a franchised service restaurant chain. The Company, through its subsidiary, Denny’s, Inc., owns and operates the Denny’s brand. The Denny’s brand consists of approximately 1,710 franchised, licensed and company operated restaurants around the world, including over 1,600 restaurants in the United States and over 110 international locations. Its approximately 1,550 restaurants are franchised or licensed, representing 90% of the total restaurants, and over 160 are company operated. The Company offers a range of items for breakfast, lunch, dinner and late night dining. Denny’s Fit Fare menu helps its guests identify items suited to their dietary needs. Denny’s restaurants offer special items for children and seniors. In addition to its breakfast-all-day items, Denny’s offers a selection of lunch and dinner items, including burgers, sandwiches, salads and skillet entrees, along with an assortment of beverages, appetizers and desserts.

DENNY’S CORPORATION (NASDAQ:DENN) Recent Trading Information

DENNY’S CORPORATION (NASDAQ:DENN) closed its last trading session up +0.05 at 12.09 with 376,281 shares trading hands.

An ad to help with our costs