Darden Restaurants (DRI) Board of Directors has approved a new share repurchase program, allowing the company to buy back up to $1 billion of its outstanding common stock.
Darden Restaurants (DRI) has outlined a long-term goal of achieving a 10-15% Total Shareholder Return over time, stated CFO Raj Vennam.
The repurchase program established by Darden Restaurants (DRI) does not have an expiration date and replaces the previously existing share repurchase authorization.
