News Column

DENNYS CORP FILES (8-K) Disclosing Other Events

September 2, 2014

Item 8.01 Other Events

On August 29, 2014, the Company adopted a pre-arranged stock trading plan for the purpose of repurchasing a limited number of shares of the Company's common stock in accordance with guidelines specified under Rule 10b5-1 of the Securities Exchange Act of 1934 and the Company's policies regarding stock transactions. This plan has been established in accordance with, and as a part of, the Company's stock repurchase programs previously announced on April 25, 2013. Repurchases under the Company's 10b5-1 plan will be administered through an independent broker. The plan will cover the repurchase of shares commencing no earlier than September 15, 2014 and expiring October 29, 2014. Repurchases are subject to SEC regulations as well as certain price, market volume and timing constraints specified in the plan.


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Source: Edgar Glimpses

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