StockWatch
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Restaurants
BuybackMay 28, 2026, 04:18 PM

El Pollo Loco Board Approves $40M Share Repurchase Program

AI Summary

El Pollo Loco Holdings, Inc. announced that its Board of Directors approved a new share repurchase program on May 28, 2026. Under this program, the company is authorized to repurchase up to $40 million of its common stock. The repurchases will be made from time to time on the open market or through other transactions, at the discretion of management, and the program has an open-ended term.

Key Highlights

  • Board of Directors approved a share repurchase program on May 28, 2026.
  • Company is authorized to repurchase up to $40,000,000 in common stock.
  • Shares may be repurchased on the open market, in block trades, or privately.
  • The amount and timing of repurchases are at management's discretion.
  • The repurchase program has an open-ended term.