This means that an eligible shareholder will get 100 equity shares with a face value of Re 1 each for every share held by them with a face value of Rs 10 each after the corporate action. The company has fixed December 3, 2022, as the record date.
Wendy’s draws buyout bid as beef costs and burger rivalry weigh on business
Wendy’s shares jump after Nelson Peltz’s Trian Fund Management offers $7.35 per share to take the burger chain private, as the company faces high beef