United States

Sonic Corp (SONC.O)

SONC.O on Nasdaq

20 Jan 2017
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Thu, Jan 19 2017

BRIEF-Sonic adds new talent to board of directors

* Reviewing its policies regarding antibiotics use for beef and pork

BRIEF-Sonic increases share repurchase authorization by $40 million

* Sonic increases share repurchase authorization by $40 million

BRIEF-Sonic Corp sees Q4 adjusted earnings per share $0.43 to $0.45

* Sonic announces preliminary results for the fourth fiscal quarter of 2016

BRIEF-Sonic raises dividend by 27 pct in fiscal 2017

* Beginning in first fiscal quarter of 2017, company expects to declare a quarterly dividend of $0.14 per share of common stock

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