10:58 AM EDT, 09/12/2025 (MT Newswires) -- Restaurant Brands International (QSR) said Friday it will repurchase $1 billion of shares through Sept. 30, 2027, after the Toronto Stock Exchange accepted its notice to renew its normal course issuer bid program for common shares.

This replaces the company's prior two-year authorization to buy back the same amount of shares until Sept. 30, it said.

Restaurant Brands said it may repurchase up to 32.3 million common shares, or 10% of its outstanding shares, during a 12-month period, starting Tuesday.

Restaurant Brands did not purchase any common shares under its last course issuer bid, which expires on Monday, the company said.

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