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News Breaks | | | | August 17, 2012 | | 08:30 EDT |  | SONC | Sonic announces new $40M share repurchase program
"Our franchise business model continues to generate significant free cash flow, and we believe the share repurchase program supports our objective to maximize shareholder value. The $30M share repurchase program we completed earlier this year has been accretive to earnings, and this new authorization will continue to add value for shareholders in fiscal 2013,” said Clifford Hudson, Chairman and CEO. | |
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News For SONC From The Last 14 Days Check below for free stories on SONC the last two weeks. |
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