Jack in the Box (JACK) Adopts Limited Duration Stockholder Rights Plan
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Jack in the Box Inc. Adopts Limited Duration Stockholder Rights Plan
July 2, 2025 7:00 AM EDTBoard of Directors Takes Action to Protect Long-Term Value for All Stockholders in Response to Significant Third-Party Share Accumulation
SAN DIEGO--(BUSINESS WIRE)-- Jack in the Box Inc. (NASDAQ: JACK) (the Company) today announced that its Board of Directors (the Board) unanimously adopted a limited-duration stockholder rights plan (the Rights Plan) to protect the interests of all stockholders. The Rights Plan is effective immediately.
The Rights Plan was adopted in response to the accumulation of the Companys stock by Biglari Capital Corp., which privately informed... More
