RALLY'S ANNOUNCES THREE-FOR-TWO STOCK SPLIT
RALLY'S ANNOUNCES THREE-FOR-TWO STOCK SPLIT LOUISVILLE, Ky., Aug. 18 /PRNewswire/ -- Rally's Inc.
(NASDAQ: RLLY), the nation's largest double drive-thru hamburger chain, announced today that it has declared a three-for-two stock split in the form of a 50 percent stock dividend to shareholders of record Aug. 28, 1992, payable Sept. 10, 1992.
Rally's recently announced record second quarter net income up 91 percent. There are 408 Rally's restaurants operating in 25 states. -0- 8/18/92 /CONTACT: Don Moore, senior VP and CFO of Rally's, 502-245-8900/ (RLLY) CO: Rally's Inc. ST: Kentucky IN: LEI SU:
EH -- LA011 -- 0839 08/18/92 09:24 EDT
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|Date:||Aug 18, 1992|
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