MIAMI (AP) - Burger King Holdings Inc. says its board of
directors has authorized the repurchase of up to $200 million of
the company's stock.
The nation's No. 2 hamburger chain said Friday that buybacks
will be made before Dec. 31, 2010 and will be funded with available
The company's previous $100 million stock buyback plan expired
as of Dec. 31.
Burger King also said its board of directors declared a
quarterly dividend of 6.25 cents per share. The dividend is payable
on March 30 to shareholders of record on March 16.