Restaurant Finance Watch: Do share buybacks benefit restaurant companies?

Restaurant Finance Watch: Do share buybacks benefit restaurant companies?

NRN editor and restaurant finance expert Jonathan Maze breaks down what you should be watching in the industry this week. Connect with him on the latest finance trends and news at @jonathanmaze and [email protected] RELATED: • Will an IPO lift a restaurant chain's sales? • How restaurants can take advantage of high valuations • More restaurant finance news

Early this month, McDonald’s Corp. CEO Steve Easterbrook announced a major restructuring of the company’s operations, including returning $8 billion to $9 billion to shareholders this year.

Over the next three years, McDonald’s will return “the top end” of its target, of giving $18 billion to $20 billion back to shareholders.

Of everything in McDonald’s turnar

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