SCOTTSDALE Ariz. Kona Grill Inc., parent to the 18-unit grill and sushi-bar chain based, said Tuesday that its board of directors approved the repurchase of as many as 600,000 shares, or about 9 percent of its common stock. The company had about 6.6 million shares outstanding as of its latest quarter. There was no time frame given for the repurchases, which Kona said would be made on the open market. News of the buyback plan sent Kona’s stock up more than 11 percent in trading on ...
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 the NRN Digital and Print access package, for only a small additional amount, you can get NRN All Access, which includes premium reports such as the annual NRN Top 200 data. Either way, we ask that you register now. We promise it will only take a few minutes!