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Texas Roadhouse, Inc.'s Buyback

OLI recorded this information on 5/23/2014

Company: Texas Roadhouse, Inc.'s
Buyback: TXRH buyback
$Amount Authorized: $100,000,000
Buyback Details: The Company announced today that on May 22, 2014, its Board of Directors approved a stock repurchase program under which it authorized the Company to repurchase up to $100.0 million of its common stock. Any repurchases will be made through open market transactions. The Board of Directors cancelled the previous stock repurchase program which had no expiration date.

Texas Roadhouse is a restaurant company operating predominately in the casual dining segment. Co.'s restaurants operate as Texas Roadhouse restaurants, Bubba's 33 restaurants and Jaggers restaurants. Texas Roadhouse provides an assortment of seasoned and aged steaks and cooked to order over open grills. Co. also provides its guests a selection of ribs, seafood, chicken, pork chops, pulled pork and vegetable plates, and an assortment of hamburgers, salads and sandwiches. Bubba's 33 is a sports restaurant concept featuring scratch-made food, ice cold beer and signature drinks. Jaggers provides burgers, hand-breaded chicken tenders and chicken sandwiches served with scratch-made sauces.

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Company Name:  Texas Roadhouse Inc
Stock buyback:  TXRH buyback
Sector:  Hotels, Lodging, Restaurants & Travel
Number of ETFs Holding TXRH:  66
Total Market Value Held by ETFs:  $1.87B
Total Market Capitalization:  $10.52B
% of Market Cap. Held by ETFs:  17.80%
 

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May 1, 2024    7:15 AM Eastern
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Buy (2.80 out of 4)
16th percentile
(ranked lower than approx. 84% of all stocks covered)

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