Restaurant Brands renews $1B buyback plan for up to 34.4M shares

* Restaurant Brands (QSR [https://seekingalpha.com/symbol/QSR]) said on Friday that the Toronto Stock Exchange approved the renewal of its normal course issuer bid (NCIB) for common shares. * Under the renewed NCIB [https://seekingalpha.com/pr/20648605-restaurant-brands-international-inc-announces-renewal-of-normal-course-issuer-bid], it can repurchase up to 34.4M shares, representing 10% of its public float, from September 16, 2026, through September 15, 2027. * The buyback is part of the company's $1B share repurchase authorization, which runs through September 30, 2027. * Under its previous buyback plan, the company repurchased 2.91M shares at an average price of about $74.97 per share through September 10, 2026.