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March 17, 2014
07:32 EDTDINDineEquity opens first IHOP location in Bahrain
DineEquity announced the opening of the first IHOP restaurant in Bahrain on March 17. The restaurant, located in Bahrain City Centre, represents the sixth restaurant opening for the iconic IHOP brand in the region since 2012 under the multi-franchise agreement with M.H. Alshaya Co. This agreement allows for the development of 40 restaurants across the Middle East and North Africa region. Locations have already been open and operating successfully in Dubai, Kuwait and the Kingdom of Saudi Arabia, with future locations expected to include Lebanon, Qatar, Oman and Egypt.
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October 2, 2015
08:02 EDTDINDineEquity board approves increase in share repurchase authorization to $150M
The board approved an increase in the share repurchase authorization for the Company's common stock, effective immediately, to $150M from the remaining previous authorization of approximately $63M. The company anticipates using the majority of its remaining free cash flow after dividend payments for share repurchases.
08:01 EDTDINDineEquity board approves 5% increase in quarterly dividend to 92c
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