USA: Mexican Restaurants almost completes US$350,000 stock repurchase programme
Houston-based Mexican Restaurants has substantially completed the first phase of its previously announced stock repurchase programme, with the acquisition of 78,500 shares of its outstanding common stock for US$337,731. The firm's management said that they intend to recommend to the board of directors further repurchase of shares up to the US$350,000 limit authorised and to request a second similarly sized authorisation sometime during the Q3. The company also purchased 10,050 vested options for US$11,236 and 9,400 common shares for US$40,068 from former employees and a former director.
Get full access to all content, just $1 for 30 days
A Message From The Editor
just-food gives you the widest food market coverage.
Paid just-food members have unlimited access to all our exclusive content - including 17 years of archives.
I am so confident you will love complete access to our content that today I can offer you 30 days access for $1.
It’s our best ever membership offer – just for you.
Dean Best, editor of just-food
- Analysis: Post discusses rationale for Weetabix
- Interview: Sir Kensington's on sale to Unilever
- US food next wave on display at Winter Fancy Food
- Column: Why snacking is the new meal
- Who will buy Danone's Stonyfield business?
- Unilever buys US condiments maker Sir Kensington's
- Ice cream helps Unilever sales, food flat
- Suntory to offload Australia, New Zealand foods
- Nestle organic growth slows but beats expectations
- Post: Weetabix "opens up M&A opportunities"