THE WENDYS COMPANY (FRA:TQK) Files An 8-K Other EventsItem 8.01 Other Events.
On December 27, 2016, The Wendy’s Company (the “Company”) completed its previously announced accelerated share repurchase program (the “ASR”) with J.P. Morgan Securities LLC, as agent for JPMorgan Chase Bank, National Association, London Branch.
Under the ASR, the Company repurchased a total of 11,403,115 shares of its common stock (or approximately 4.4% of its outstanding common stock on November 11, 2016, the date the agreement governing the ASR was entered into) for an aggregate purchase price of $150.0 million. After the completion of the ASR, the Company has utilized substantially all of the $1.4 billion share repurchase authorization announced on June 3, 2015.
THE WENDY’S COMPANY (FRA:TQK) Recent Trading Information
THE WENDY’S COMPANY (FRA:TQK) closed its last trading session down -0.06 at 12.99 with 0 shares trading hands.
