RBC Capital Remains Bullish on Restaurant Brands (QSR) Following 2Q Beat and Raise
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Restaurant Brands International Inc. Reports Second Quarter 2016 Results
August 4, 2016 6:57 AM EDTOAKVILLE, ON, Aug. 4, 2016 /PRNewswire/ - Restaurant Brands International Inc. (TSX/NYSE: QSR, TSX: QSP) today reported financial results for second quarter ended June 30, 2016.
(LOGO: http://photos.prnewswire.com/prnh/20160802/395182LOGO)
Daniel Schwartz, Chief Executive Officer of Restaurant Brands International Inc. ("RBI") commented, "We ended the second quarter with solid system-wide sales growth at both of our iconic brands, TIM HORTONS® and BURGER KING®, driven by growth in our global restaurant footprint and compelling product launches. We continued to... More
Restaurant Brands International Inc. Announces Adoption of Share Repurchase Authorization and Commencement of Normal Course Issuer Bid
August 4, 2016 6:56 AM EDTOAKVILLE, ON, Aug. 4, 2016 /PRNewswire/ - Restaurant Brands International Inc. (TSX/NYSE: QSR, TSX: QSP) ("RBI") announced today that its Board of Directors has approved a share repurchase authorization (the "Repurchase Authorization") pursuant to which RBI may purchase up to US$300 million of its common shares over the next 5 years. Repurchases under the Repurchase Authorization will be made in the open market or through privately negotiated transactions, in each case in accordance with applicable securities laws.
(Photo:... More
