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Empresas y finanzas

Hamburger chain Wendy's to buy back $1.4 billion of shares


    (Reuters) - Hamburger chain Wendy's Co said it would buy back $1.4 billion of shares by the end of 2016, including $211 million from Nelson Peltz's Trian Group, its largest shareholder.

    The company also adjusted its full-year earnings forecast on Wednesday to reflect the sale of its bakery operations.

    Wendy's said it expected 2015 adjusted earnings of 31-33 cents per share, excluding about 2 cents per share attributable to its bakery operations.

    The company said in May that it was selling its bakery operations.

    (Reporting by Yashaswini Swamynathan in Bengaluru; Editing by Kirti Pandey)