Restaurant Brands to repurchase 2,784,549 exchangeable units from 3G affiliate for cash
Reuters2026/08/10 20:53- Restaurant Brands International received an exchange notice for 2,784,549 Class B exchangeable limited partnership units from 3G Restaurant Brands Holdings.
- RBI LP plans to repurchase the units for cash using cash on hand, cancelling the units and cutting fully diluted common shares by 2,784,549.
- Exchange scheduled for Aug. 31, 2026; cash price set using the 20-day VWAP of QSR shares on the NYSE in USD.
- Post-transaction, 3G Restaurant Brands Holdings is expected to hold about 21% of RBI’s fully diluted common shares.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
IMC plans R$ 12 million debenture prepayment on Sept. 15, 2026
Stellar network stablecoin transfer volume increases by 50%, supply decreases by 11.7%
Fund 1 Investments sells 2,256,335 Tilly’s shares worth $9.78 million
The U.S. Treasury market remains overheated! Besent expands repo program, emphasizing "this is not quantitative easing"
U.S. Treasury Secretary Janet Yellen stated on Tuesday that the Treasury's decision last month to expand the buyback program for older-dated U.S. Treasury bonds was mainly aimed at "cooling down" the bond market, which has been heating up recently, and helping the market return to a more balanced state.
