El Pollo Loco (LOCO) Enters $20M Stock Repurchase Plan
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El Pollo Loco (NASDAQ: LOCO) said it entered into a stock repurchase plan on August 28, 2018, which allows for repurchases of up to $20 million of the Company’s common stock. The Stock Repurchase Plan will become effective on November 6, 2018 and, if not terminated sooner by other provisions of the Stock Repurchase Plan, will terminate on June 26, 2019. The Stock Repurchase Plan may also be suspended or terminated at any time upon prior notice.
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