|Last Price$26.99||Day Change (%)-2.98%|
|Open Price$27.92||Day Change ($)-0.83|
|Day Range26.92–28.07||52-Week Range21.04–36.73|
As of Mon 8/31/2015 4:59:00 PM | USD
Sonic Authorizes New $145 Million Share Repurchase Program
Sonic SONC announced Monday that it is now willing to pay as much as $23 per share (up from its previous announcement of $22) in its modified Dutch auction tender offer. We'd still be reluctant to tender shares of this company, which has strong prospects for growth. Our fair value estimate stands ...