LEBANON Tenn. CBRL Group Inc., parent of the Cracker Barrel family-dining chain, said Friday that its board had authorized the repurchase of up to $65 million of common stock. CBRL had roughly 22.15 million shares outstanding as of its latest quarterly report, for the period ended May 2. In trading on Friday, CBRL's stock rose 2.8 percent to close at $24.85.CBRL operates 577 Cracker Barrel Old Country Store restaurants and gift shops in 41 states.

Register to view this article

It’s free but we need to know a little about you to continually improve our content.

Why Register?

Registering allows you to unlock a portion of our premium online content. You can access more in-depth stories and analysis, as well as news not found on any other website or any other media outlet. You also get free eNewsletters, blogs, real-time polls, archives and more.

 

Attention Print Subscribers:  While you have already been granted free access to NRN we ask that you register now. We promise it will only take a few minutes!

Already registered? here.