10:50 AM EDT, 04/30/2024 (MT Newswires) -- Restaurant Brands International's (QSR) Burger King said Tuesday it will invest an additional $300 million to remodel 1,100 of its US restaurants through 2028.

Franchisees will have until Oct. 31 to opt in on the expanded co-investment program, called Royal Reset 2.0, the company said.

Restaurant Brands shares rose 2.6% in recent trading Tuesday.

Price: 75.79, Change: +1.95, Percent Change: +2.64