BJ's Restaurants Expands Share Repurchase Plan to $250 Million

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Bj's Restaurants, Inc. (BJRI) Adds $50M to Common Buyback Plan

December 8, 2015 5:31 PM EST

BJ's Restaurants, Inc. (NASDAQ: BJRI) announced that its Board of Directors approved a $50 million increase to the Company's share repurchase program to $250 million. The Company has repurchased and retired approximately $187 million shares of its common stock since the program was first approved in April 2014, including approximately $21.2 million repurchased in the 2015 fourth quarter to date. With this increase, the Company has approximately $63 million available under its $250 million share repurchase program.

"BJ's is uniquely positioned in our industry as a growth concept that simultaneously returns capital to shareholders while maintaining a strong balance sheet and financial... More