LEBANON Tenn. Taking advantage of a stock price near its annual low, CBRL Group Inc. authorized on Tuesday an expansion of its stock repurchase program. The company, which operates 570 Cracker Barrel Old Country Store restaurants and gift shops, said it would purchase periodically on the open market an additional 625,000 shares. CBRL said it already has repurchased 1 million shares in the current quarter for a total of about $34.1 million, or an average share price of $34.12. The ...
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Contact: Desiree Torres Desiree.Torres@penton.com