Wingstop announced that its board of directors approved a new share repurchase program with authorization to purchase up to $250M of its outstanding shares of common stock, effective immediately. This program does not obligate Wingstop to acquire any particular amount of common stock, and may be modified, suspended or terminated at any time at Wingstop’s discretion.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on WING:
- WING vs. SHAK: Which Restaurant Stock is Better?
- Qualcomm downgraded, Wingstop upgraded: Wall Street’s top analyst calls
- Wingstop price target lowered to $190 from $210 at BMO Capital
- Wingstop price target lowered to $150 from $174 at Jefferies
- Wingstop price target lowered to $180 from $185 at Wedbush