AFC Enterprises says to buy back additional $50 mln shares

Tue Dec 4, 2007 4:50pm EST
 
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Dec 4 (Reuters) - AFC Enterprises Inc (AFCE.O) said its board approved an increase in its share repurchase program by an additional $50 million, effective immediately.

As of Nov. 2, about 27.7 million common shares were outstanding, the franchisor and operator of Popeyes Chicken & Biscuits said in a statement. (Reporting by Shamik Paul in Bangalore; Editing by Deepak Kannan)

 

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