UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C FORM 8-K

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1 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report (Date of earliest event reported) November 15, 2018 DENNY S CORPORATION (Exact name of registrant as specified in its charter) Delaware (State or other jurisdiction of Commission File No. (I.R.S. Employer Incorporation or organization Identification No.) 203 East Main Street Spartanburg, South Carolina (Address of principal executive offices) (Zip Code) (864) (Registrant s telephone number, including area code) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligations of the registrant under any of the following provisions: [ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR ) [ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR a-12) [ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR d-2(b)) [ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR e-4(c)) Indicate by check mark whether the registrant is an emerging growth company as defined in as defined in Rule 405 of the Securities Act of 1933 ( of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 ( b-2 of this chapter). Emerging growth company If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

2 Item 7.01 Regulation FD Disclosure. On November 16, 2018, Denny's Corporation (the "Company") issued a press release announcing the ASR agreement discussed in Item 8.01 of this Current Report on Form 8-K. A copy of the press release is attached to this Current Report on Form 8-K as Exhibit 99.1 and is also available at the Company's investor relations website at investor.dennys.com. The information in this Item 7.01 of this Current Report on Form 8-K, including Exhibit 99.1 hereto, shall not be deemed filed for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the Exchange Act ), or otherwise subject to the liabilities of that section. The information in this Item 7.01 of this Current Report on Form 8-K shall not be deemed to be incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as expressly set forth by specific reference in such filing. Item 8.01 Other Events. On November 15, 2018, the Company entered into a variable term, capped accelerated share repurchase (the ASR ) agreement with MUFG Securities EMEA plc ( MUFG ), to repurchase an aggregate of $25 million of the Company s common stock. The ASR agreement is part of the Board authorized program announced on October 31, 2017 to repurchase up to $200 million of the Company s common stock. The total aggregate number of shares of Company common stock to be repurchased pursuant to the ASR agreement will be based generally on the average of the daily volume weighted average prices of the Company s common stock, less a fixed discount, over the term of the ASR agreement, subject to a minimum number of shares. The ASR agreement is expected to be completed no later than March 2019, although the completion date may be accelerated or, under certain circumstances, extended, at MUFG s option. All shares of the Company s common stock delivered under the ASR will be immediately converted to treasury shares. Item 9.01 Financial Statements and Exhibits. (d) Exhibits See the Exhibit Index below, which is incorporated by reference herein. EXHIBIT INDEX Exhibit Number Description 99.1 Press release issued by Denny's Corporation on November 16, 2018.

3 SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Denny's Corporation Date: November 16, 2018 /s/ F. Mark Wolfinger F. Mark Wolfinger Executive Vice President, Chief Administrative Officer and Chief Financial Officer

4 DENNY S CORPORATION ANNOUNCES $25 MILLION ACCELERATED SHARE REPURCHASE PROGRAM SPARTANBURG, S.C., November 16, Denny s Corporation (NASDAQ: DENN), franchisor and operator of one of America's largest franchised full-service restaurant chains, today announced that the Company has entered into a variable term, capped accelerated share repurchase (the ASR ) agreement with MUFG Securities EMEA plc ( MUFG ), to repurchase an aggregate $25 million of the Company s common stock. The ASR agreement is part of the Company s share repurchase program authorizing the repurchase of up to $200 million of common stock as originally announced on October 31, The ASR agreement will be funded primarily through the Company s existing $400 million revolving credit facility. As of September 26, 2018, the Company had $278 million of funded debt under its existing credit facility and approximately $159 million remaining in existing share repurchase authorization. Mark Wolfinger, Executive Vice President, Chief Administrative Officer and Chief Financial Officer, stated, Our plan to accelerate our share repurchase program demonstrates the confidence we have in our ability to grow the Denny s brand through our on-going revitalization initiatives and our recently announced refranchising and growth strategy. Including this $25 million ASR program, our cumulative share repurchases will approximate $420 million since beginning the program in November Going forward we remain committed to profitable system sales growth, driving market share gains, generating strong returns on invested capital and continuing our long-standing practice of returning cash to shareholders through share repurchases. The total aggregate number of shares of Company common stock to be repurchased pursuant to the ASR agreement will be based generally on the average of the daily volume-weighted average prices of the Company s common stock, less a fixed discount, over the term of the ASR agreement, subject to a minimum number of shares. The ASR agreement is expected to be completed no later than March 2019, although the completion date may be accelerated or, under certain circumstances, extended, at MUFG s option. All shares of the Company s common stock delivered under the ASR will be immediately converted to treasury shares.

5 About Denny s Denny's Corporation is the franchisor and operator of one of America's largest franchised full-service restaurant chains, based on the number of restaurants. As of September 26, 2018, Denny s had 1,715 franchised, licensed, and company restaurants around the world including 128 restaurants in Canada, Puerto Rico, Mexico, New Zealand, Honduras, the Philippines, Costa Rica, the United Arab Emirates, Guam, El Salvador, Guatemala, and the United Kingdom. For further information on Denny's, including news releases, links to SEC filings, and other financial information, please visit the Denny's investor relations website at investor.dennys.com. The Company urges caution in considering its current trends and any outlook on earnings disclosed in this press release. In addition, certain matters discussed in this release may constitute forward-looking statements. These forward-looking statements, which reflect its best judgment based on factors currently known, are intended to speak only as of the date such statements are made and involve risks, uncertainties, and other factors that may cause the actual performance of Denny s Corporation, its subsidiaries, and underlying restaurants to be materially different from the performance indicated or implied by such statements. Words such as expect, anticipate, believe, intend, plan, hope, and variations of such words and similar expressions are intended to identify such forwardlooking statements. Except as may be required by law, the Company expressly disclaims any obligation to update these forward-looking statements to reflect events or circumstances after the date of this release or to reflect the occurrence of unanticipated events. Factors that could cause actual performance to differ materially from the performance indicated by these forward-looking statements include, among others: competitive pressures from within the restaurant industry; the level of success of our operating initiatives and advertising and promotional efforts; adverse publicity; health concerns arising from food-related pandemics, outbreaks of flu viruses, such as avian flu, or other diseases; changes in business strategy or development plans; terms and availability of capital; regional weather conditions; overall changes in the general economy (including with regard to energy costs), particularly at the retail level; political environment (including acts of war and terrorism); and other factors from time to time set forth in the Company s SEC reports and other filings, including but not limited to the discussion in Management s Discussion and Analysis and the risks identified in Item 1A. Risk Factors contained in the Company s Annual Report on Form 10-K for the year ended December 27, 2017 (and in the Company s subsequent quarterly reports on Form 10-Q). Investor Contact: Curt Nichols Media Contact: Hadas Streit, Allison+Partners