ATLANTA (BUSINESS WIRE) -- Wendy's/Arby's Group, Inc. (NYSE: WEN), the parent company of Wendy's International, Inc. and Arby's Restaurant Group, Inc., announced the declaration of its regular quarterly cash dividend of $0.015 per share, payable on March 15, 2010 to Wendy's/Arby's Group, Inc. stockholders of record as of March 1, 2010.
In addition, the Company announced today that its Board of Directors has increased the aggregate authorized amount of its common stock repurchase program to $200 million, an increase of $100 million from the amount reported on November 5, 2009. Approximately $111 million of such aggregate amount had been repurchased through January 25, 2010. The current program remains in effect through January 2, 2011 and will allow the Company to make repurchases as market conditions warrant.
As of January 3, 2010, Wendy's/Arby's Group, Inc. had 452,949,023 shares of common stock outstanding.
Wendy's/Arby's Group, Inc. is the third largest quick-service restaurant company in the U.S., and includes Wendy's International, Inc., the franchisor of the Wendy's(R) restaurant system, and Arby's Restaurant Group, Inc., the franchisor of the Arby's(R) restaurant system. The combined restaurant systems include more than 10,000 restaurants in the United States and 23 countries and territories worldwide.
SOURCE: Wendy's/Arby's Group, Inc