Wingstop authorizes $300 million share repurchase program expansion

Dallas-based fast-casual marque Wingstop has announced a important enlargement of its stock repurchasing program. The institution has authorized a $300 cardinal hold of the repurchase programme that was archetypal launched successful August 2023.

Since its inception astir a twelvemonth and a fractional ago, Wingstop has invested astir $700 cardinal and repurchased astir 2.6 cardinal shares, including astir $53.4 cardinal nether its existent authorization.

“We stay focused connected prioritizing semipermanent maturation investments portion leveraging our asset-lite exemplary and beardown escaped currency travel to instrumentality superior to shareholders,” Wingstop CFO Alex Kaleida said successful a statement. “This further authorization reinforces our committedness to sustainable, semipermanent worth creation.”

The buyback programme hold allows Wingstop to bargain backmost shares done assorted methods, including unfastened marketplace transactions, privately negotiated deals, and trading plans. The institution plans to money the repurchases with existing currency reserves and anticipated currency travel from operations.

Last month, Wingstop reported a second 4th successful a row of declining same-store income for the 4th fourth of 2025.

Wingstop operates much than 3,000 restaurants globally.