Atlanta-based Wendy's/Arby's Group, the parent company of Wendy's International and Arby's Restaurant Group, has increased the authorized amount of its common stock repurchase program to $200 million. That's an increase of $100 million from the amount reported in November.
The company also said it would pay its regular quarterly cash dividend of one and half cents per share, payable on March 15, 2010 to stockholders of record.
Support real journalism. Support local journalism. Subscribe to The Atlanta Journal-Constitution today. See offers.
Your subscription to the Atlanta Journal-Constitution funds in-depth reporting and investigations that keep you informed. Thank you for supporting real journalism.