El Pollo Loco authorizes $40M share repurchase program
Source: SeekingAlpha
2026-05-28 16:18:48 ET
- El Pollo Loco ( LOCO ) approved a new share repurchase program authorizing up to $40M in common stock buybacks.
- The repurchase authorization represents ~9% of the company’s current market capitalization.
- The company said it plans to continue prioritizing restaurant expansion and EBITDA growth while also returning capital to shareholders.
- The repurchase program is effective immediately and does not have a fixed expiration date.
- El Pollo Loco plans to fund repurchases using existing cash, future operating cash flow, borrowings, or other available capital sources.
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El Pollo Loco authorizes $40M share repurchase program
El Pollo Loco Holdings Inc.
NASDAQ: LOCO
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LOCO Stock Data
$324,262,171
24,563,047
0.72%
38
N/A
Restaurants & Bars
Consumer Discretionary
US
Costa Mesa
