Applebee’s International, Inc. (Nasdaq:APPB) announced today that the company’s board of directors has authorized an additional program to repurchase up to $25 million of the company’s common stock, subject to market conditions. This is in addition to a $32.5 million program announced in December 1999, of which 632,000 shares have been repurchased at an aggregate cost of $16.0 million through August 4, 2000.

Applebee’s International, Inc., headquartered in Overland Park, Kan., currently develops, franchises and operates restaurants under the Applebee’s Neighborhood Grill and Bar brand, the largest casual dining concept in the world. There are currently 1,229 Applebee’s restaurants operating system-wide in 49 states and eight international countries. Additional information on Applebee’s International can be found at the company’s websitewww.applebees.com

Discover B2B Marketing That Performs

Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.

Find out more

Just Food Excellence Awards - The Benefits of Entering

Gain the recognition you deserve! The Just Food Excellence Awards celebrate innovation, leadership, and impact. By entering, you showcase your achievements, elevate your industry profile, and position yourself among top leaders driving food industry advancements. Don’t miss your chance to stand out—submit your entry today!

Nominate Now