At close of market on Friday, Restaurant Brands International Inc. (TSX:QSR) stock finished trading at -2.09%, bringing the stock price to $83.43 on the Toronto Stock Exchange. The stock price saw a low of $82.61 and a high of $85.14.
The company’s stock was traded 4,753 times with a total of 557,311 shares traded.
Restaurant Brands International Inc. has a market cap of $20.99 billion, with 251.54 million shares in issue.
The consolidation of Burger King, Tim Hortons, and Popeyes Louisiana Kitchen as Restaurant Brands International creates the third-largest global quick-service restaurant chain, with $32.5 billion in pro forma system sales forecast in 2018 and almost 25,100 units (99% franchised) as of September 2018. Revenue comes largely from franchise royalties and distribution sales to franchisees. Worldwide, there are 17,200 Burger King locations, 4,800 Tim Hortons locations, and 3,000 Popeyes locations.
