04:44 PM EST, 12/05/2024 (MT Newswires) -- Restaurant Brands International (QSR.TO, QSR) said after trade Thursday it has been notified of an unsolicited mini-tender offer made by New York Stock and Bonds (NYSB) to purchase up to 10,000 RBI shares, or approximately 0.003% of the company's outstanding shares, at a price of US$45.00 per share.

The company cautioned shareholders the mini-tender offer has been made at a price below market price for RBI shares. It said the offer represents a discount of 35.51% on the NYSE closing price for RBI shares on November 21, 2024, the last trading day before the mini-tender offer was commenced.

RBI said it "does not endorse this unsolicited offer, has no association with NYSB or its offer, and recommends that shareholders do not tender their shares to the offer".

Restaurant Brands shares closed down US$1.37 to US$69.74 on the NYSE.