Brinker International, Inc. (EAT) recently announced that it has entered into a $300 million worth accelerated share repurchase agreement with Bank of America (BoA).
- PR Newswire•4 days ago
DALLAS, Sept. 23, 2016 /PRNewswire/ -- Brinker International, Inc. (EAT) (the "Company") today announced that it closed the previously announced private offering of $350 million of its 5.000% Senior Notes due 2024 (the "Notes"). Furthermore, the Company has entered into a $300 million accelerated share repurchase agreement (the "ASR Agreement") with Bank of America, N.A. ("BofA"). The Company will acquire shares under the ASR Agreement as part of its previously announced share repurchase program.
- PR Newswire•7 days ago
DALLAS, Sept. 20, 2016 /PRNewswire/ -- Brinker International, Inc. (EAT) (the "Company") today announced that it has priced its previously announced notes offering and has agreed to issue and sell $350 million aggregate principal amount of 5.000% Senior Notes due 2024 (the "Notes"). The Notes will be guaranteed on a senior unsecured basis by each of the Company's subsidiaries that guarantees its amended revolving credit facility. Net proceeds from the offering of the Notes will be used to repurchase up to $300 million of the Company's common stock and repay up to $50 million of outstanding indebtedness under the Company's revolving credit facility.
Brinker International, Inc. (EAT)
NYSE - NYSE Real Time Price. Currency in USD
|Bid||52.20 x 400|
|Ask||52.21 x 500|
|Day's Range||51.90 - 53.43|
|52wk Range||43.20 - 55.16|
|1y Target Est||N/A|
Trade prices are not sourced from all markets
|P/E Ratio (ttm)||15.33|
|Avg Vol (3m)||1,278,179|
|Dividend & Yield||1.36 (2.59%)|