Wendy's (WEN) stock rises after announcing share repurchase program, increased dividend
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 7/21/2026
- Wall Street indexes fall, with Iran and earnings season in focus
- Oil settles 1% higher as hopes of renewed US-Iran negotiations offset Houthi threat
- Selloff of U.S. memory stocks creates a compelling entry point: analyst
- Why Moonshot AI's Kimi K3 is actually bullish for memory stocks
- AMC Entertainment soars on record quarterly results
- U.S. to impose 50% tariff on most Canadian goods, including USMCA
- NVIDIA reports 9.3% passive stake in Nebius
- Wall Street indexes fall, with Iran and earnings season in focus
- Cantor Fitzgerald Starts Trulieve Cannabis (TRLV) at Overweight, 'Purpose-Built for a New Cannabis Regulatory Framework'
- Selloff of U.S. memory stocks creates a compelling entry point: analyst
Peltz's Trian Fund says it will not pursue takeover bid for Wendy's
January 13, 2023 8:04 AM EST(Reuters) -Trian Fund Management, run by activist investor Nelson Peltz, said on Friday it will not pursue a takeover of Wendy's Co, months after the company's largest shareholder said it was considering a potential bid for the burger chain.
Shares of Wendy's, which had fallen about 5% in 2022, were down about 1% in premarket trading.
Trian said in May last year it was exploring taking over Wendy's,... More
Evercore ISI Downgrades Wendy's (WEN) to In Line
January 13, 2023 7:21 AM ESTEvercore ISI analyst David Palmer downgraded Wendy's (NASDAQ: WEN) from Outperform to In Line with a price target of $25.00.
For an analyst ratings summary and ratings history on Wendy's click here. For more ratings news on Wendy's click here.
Shares of Wendy's closed at $21.78 yesterday.
... MoreWendy's (WEN) announces new $500 million buyback
January 13, 2023 7:03 AM ESTWendy'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.
... MoreWendy's (WEN) Raises Quarterly Dividend 100% to $0.25; 4.6% Yield
January 13, 2023 7:02 AM ESTWendy's (NASDAQ: WEN) declared a quarterly dividend of $0.25 per share, or $1 annualized. This is a 100% increase from the prior dividend of $0.125.
The dividend will be payable on March 15, 2023, to stockholders of record on March 1, 2023, with an ex-dividend date of February 28,... More
Wendy's (WEN) Reports Prelim Q4 and FY22 Results
January 13, 2023 7:01 AM ESTThe Wendy's Company (Nasdaq: WEN) today reported preliminary, unaudited results for the fourth quarter and fiscal year ended January 1, 2023. The Company plans to release its audited financial statements and file its annual report on Form 10-K on March 1, 2023.
"Our 2022 results highlight the strength and resiliency of the Wendy's® brand as we continued to deliver compelling sales and profit growth," President and Chief Executive Officer Todd Penegor said. "During the year, global same-restaurant sales reached double digits on a two-year basis for the second consecutive year, Company restaurant margins expanded by almost 300 basis... More
