February 15, 2018 / 10:40 PM / 8 months ago

BRIEF-The Wendy's Company Board Of Directors Authorizes 21 Pct Dividend Rate Increase

Feb 15 (Reuters) - Wendys Co:

* THE WENDY’S COMPANY BOARD OF DIRECTORS AUTHORIZES 21 PERCENT DIVIDEND RATE INCREASE AND NEW $175 MILLION SHARE REPURCHASE PROGRAM

* SETS QUARTERLY CASH DIVIDEND OF $0.085PER SHARE

* INTENDS TO REPURCHASE SHARES WITH EXISTING CASH ON ITS BALANCE SHEET AND CASH FLOW FROM OPERATIONS. Source text for Eikon: Further company coverage:

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