BJ's Restaurants (NASDAQ:BJRI) to Buyback $75.00 million in Stock

BJ's Restaurants (NASDAQ:BJRI) to Buyback $75.00 million in Stock

BJ's Restaurants (NASDAQ:BJRI - Get Free Report) declared that its Board of Directors has authorized a share buyback plan on Thursday, October 30th, RTT News reports. The company plans to buyback $75.00 million in outstanding shares. This buyback authorization authorizes the restaurant operator to buy up to 11.3% of its stock through open market purchases. Stock buyback plans are usually an indication that the company's leadership believes its s…