THE WENDY'S COMPANY REPORTS PRELIMINARY FOURTH QUARTER AND FULL YEAR 2022 RESULTS

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Wendy's (WEN) stock rises after announcing share repurchase program, increased dividend

January 13, 2023 10:16 AM EST

(Updated - January 13, 2023 10:23 AM EST)

Wendy's (NASDAQ: WEN) shares opened lower before climbing Friday following various news headlines for the company.

Wendy's released its fourth quarter preliminary results revealing total revenue hit $536.5 million, up 13.4% year over year. It also announced a $0.25 quarterly dividend and... More

Wendy's (WEN) announces new $500 million buyback

January 13, 2023 7:03 AM EST

Wendy's (NASDAQ: WEN) announced the Company's Board of Directors has approved a new $500 million share repurchase authorization, expiring in February 2027. The previously approved $250 million share repurchase authorization, which was set to expire in February 2023, has been cancelled.

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