Dividends & Buybacks ·
Restaurant Brands International Limited Partnership received an irrevocable exchange notice from affiliate 3G…
QSPRestaurant Brands International Limited Partnership
Restaurant Brands International Limited Partnership received an irrevocable exchange notice from affiliate 3G Restaurant Brands Holdings LP to convert 2,784,549 Class B exchangeable limited partnership units into common shares of the parent company. The partnership intends to satisfy this obligation by repurchasing these units for cash using available funds on hand. The transaction is scheduled to settle on August 31, 2026, with the repurchase price based on the 20-day volume-weighted average price of the common shares traded on the NYSE. Following the cancellation of these units, 3G Capital will hold approximately 21% of RBI’s fully diluted common shares. Restaurant Brands International operates as a global quick service restaurant franchisor owning brands such as Tim Hortons, Burger King, Popeyes, and Firehouse Subs.