BK counts on ‘strong cash flow’ for fiscal ’08

MIAMI Burger King Holdings Inc. said Wednesday that it would use the “strong and consistent cash flow” expected this fiscal year to fund share repurchases, debt repayment and a shareholder dividend.

The parent of the No. 2 burger brand, with a system of more than 11,200 namesake units worldwide, said its cash flow also would allow the company to increase capital expenditures to build and remodel corporate restaurants.

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