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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
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Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
| Item 8.01 | Other Events |
On February 24, 2022, The Wendy’s Company (the “Company”) completed its previously announced accelerated share repurchase program (the “ASR”) with Mizuho Markets Americas LLC.
Under the ASR, the Company repurchased a total of 5,624,798 shares of its common stock (or approximately 2.5% of its outstanding common stock on November 11, 2021, the date the agreement governing the ASR was entered into) for an aggregate purchase price of $125.0 million. With the completion of the ASR, the Company has completed its $300 million share repurchase authorization that was set to expire on February 28, 2022.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| THE WENDY’S COMPANY | ||||||
| Date: February 24, 2022 | By: | /s/ Michael G. Berner | ||||
| Michael G. Berner | ||||||
| Vice President – Corporate & Securities Counsel | ||||||
| and Chief Compliance Officer, and Assistant Secretary | ||||||
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