El Pollo Loco authorizes USD 40 million share buyback program

El Pollo Loco Holdings, Inc.

El Pollo Loco Holdings, Inc.

LOCO

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  • El Pollo Loco authorized a new share repurchase program of up to USD 40 million, about 9% of current market capitalization.
  • Program takes effect immediately with no fixed end date; buybacks may be expanded, paused, or halted at any time.
  • Repurchases may be executed in the open market or via block trades, private transactions, or a 10b5-1 plan.
  • Funding expected from cash on hand, operating cash flow, future borrowings, or other cash sources.


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