Officials for McDonald’s Corp. raised the amount of cash the company plans to return to shareholders, paid for in part through an accelerated refranchising program, yet securities analysts gave the updated plans a tepid response. Several industry watchers indicated that they expected more than what McDonald’s announced Wednesday at the Sanford C. Bernstein Strategic Decisions Conference, which included the company’s plan to return between $18 billion and $20 billion to ...
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Contact: Desiree Torres Desiree.Torres@penton.com