Wingstop board approves $250M share repurchase program

Wingstop Inc.

Board authorized up to $250M in common stock repurchases, effective immediately.
CFO cited >850% total shareholder return since IPO, highlighting asset-lite model.
Funding via existing cash ($188.5M as of July 1) and operating cash flows.
Program may be modified, suspended, or terminated at any time at company's discretion.
Repurchases can be open market, privately negotiated, or under Rule 10b5-1 plans.

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