Wingstop — Feb 18, 2025 release

This dividend will be paid on March 28, 2025 to stockholders of record as of March 7, 2025. Share Repurchases As previously announced, during the fiscal fourth quarter of 2024, our board of directors authorized the purchase of up to an additional $500.0 million of our outstanding shares of common stock under our existing share repurchase program. Pursuant to that program, on December 9, 2024, the Company also entered into an accelerated share repurchase agreement (the “ASR Agreement”) to repurchase $250.0 million of its common stock. During the fiscal fourth quarter of 2024, the Company made an initial payment of $250.0 million and received and retired 551,325 shares of its common stock under the ASR Agreement, representing an estimated 75% of the total shares expected to be delivered under the ASR Agreement, based on the closing price on the date of initial delivery of $328.54. The delivery of any remaining shares will occur at the final settlement of the transactions under the ASR Agreement, which is scheduled to occur in the fiscal first quarter of 2025. As of December 28, 2024, $311.1 million remained available under the share repurchase program. Since the inception of the Company’s share repurchase program in August 2023, the Company has repurchased and retired 1,366,756 shares of its common stock at an average price of $272.89 per share. The following definitions apply to these terms as used in this release: Domestic average unit v