Asset Management Southeastern, a major owner of Sonic Corp., has just filed an initial statement of beneficial ownership where 6,436,879 shares of Sonic Corp. were declared. This form is usually filed as a prelude to receiving options or buying company shares, so there may be more to come from Southeastern. Southeastern operates out of Memphis, TN.
The above information was disclosed in a filing to the SEC. To see the filing, click here.
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Other recent filings from the company include the following:
Sonic Declares Quarterly Dividend - April 12, 2018
Southeastern Asset Management, Inc. just provided an update on activist position in Sonic Corp. - April 4, 2018
Sonic Reports Second Fiscal Quarter 2018 Earnings Per Share Growth - March 27, 2018