Panera Bread (PNRA) announced after the close Wednesday that its Board of Directors has approved an increase to the Company's current share repurchase program to $750 million.
Panera Bread gapped open dramatically higher Thursday, but moved in a narrow range throughout the session. The stock closed up by 18.97 at $182.89 on strong volume. Panera Bread leaped to a new high for the year.
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