Denny’s Corp. said Tuesday its board has approved an additional $200 million authorization to its share buyback program. The franchisor and fast-food restaurant operator made the announcement as it agreed a new five-year $400 million revolving credit facility, which replaces a $325 million revolving line of credit. Shares were not yet active premarket, but have edged up 0.1% in 2017, while the S&P 500 has gained 15%.
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