The Company has not split its stock at any time while operating under the corporate name of The Wendy’s Company (July 5, 2011 – current) or Wendy’s Arby’s Group, Inc. (September 29, 2008 – July 5, 2011). On September 29, 2008, Wendy’s International, Inc. merged with, and became a wholly-owned subsidiary of, Triarc Companies, Inc. (“Triarc”), and Triarc changed its name to Wendy’s/Arby’s Group, Inc. In conjunction with the merger, Wendy’s/Arby’s Group, Inc. assumed the “WEN” trading symbol on the New York Stock Exchange. As consideration for the merger, each outstanding common share of Wendy’s International, Inc., other than those shares for which dissenters rights were perfected, was converted into the right to receive 4.25 newly issued shares of Triarc’s Class A common stock, together with cash in lieu of fractional shares of Class A common stock. Prior to the merger on September 29, 2008, the Company was named Triarc Companies, Inc. On September 4, 2003, Triarc distributed a special stock dividend of two shares of newly designated Class B Common Stock, Series 1 (NYSE: TRY.B), for each share of Class A Common Stock (NYSE: TRY) outstanding as of August 21, 2003.On April 4, 2008, Triarc distributed a special stock dividend of 0.106028 shares of common stock of Deerfield Capital Corp. (NYSE: DFR) for each share of Class A Common Stock and each share of Class B Common Stock outstanding as of March 29, 2008.
Wendy's International, Inc.'s stock split history is outlined below.
Date |
Split |
September 1977 |
4-for-3 |
June 1978 |
2-for-1 |
March 1981 |
3-for-2 |
November 1982 |
3-for-2 |
March 1984 |
4-for-3 |
March 1985 |
4-for-3 |
May 1986 |
5-for-4 |