(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)
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