- Buffalo Wild Wings (BWLD -2.1%) announces that it increased its share repurchase program by an additional $300M.
- The repurchase authorization replaces the previously approved $200M share repurchase program, of which approximately $75M dollars remains. The company's total buyback firepower is now $375M.
- Buffalo Wild Wings also announced that it is targeting a debt to EBITDA leverage ratio of up to 1.5X and that it intends to increase its line of credit facility to $500M by Q4.
- Source: Press Release