BuybackMay 28, 2026, 04:07 PM
El Pollo Loco Authorizes $40M Share Repurchase Program
AI Summary
El Pollo Loco's Board of Directors has authorized a new share repurchase program of up to $40 million, which represents approximately 9% of the company's current market capitalization. The company plans to fund these repurchases using existing cash, future cash flow, or borrowings, leveraging its strong balance sheet with less than one times leverage. This initiative aims to enhance long-term shareholder value while the company continues to prioritize investment in organic growth and accelerate unit and EBITDA growth.
Key Highlights
- El Pollo Loco's Board authorized a share repurchase program of up to $40 million.
- The repurchase program represents approximately 9% of the company's current market capitalization.
- The company maintains a strong balance sheet with less than one times leverage.
- The program is effective immediately and does not have a fixed expiration date.
- Repurchases will be funded by existing cash, future cash flow from operations, or future borrowings.
Price Impact
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