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Stock impact report

Steak 'n Shake pledges $1K contributions to Trump Accounts for employees' children [FOX Business Network]

Biglari Holdings Inc. Class B (BH) 
US:NYSE Investor Relations: biglariholdings.com/reports.htm
Steak 'n Shake announced Wednesday that it will contribute $1,000 to "Trump Accounts" for the children of its employees. The Indianapolis-based fast-food chain is the latest company to support the Trump administration's new investment initiative for newborns. In a post on X, Steak 'n Shake described the program as a way to ensure "the next generation of Americans participate from birth in our free-market, wealth-building economy." "Steak 'n Shake pledges to support our employees' children with a $1,000 match to [Trump Accounts] for every child born between 2025 and 2028," the company wrote. "Steak 'n Shake has benefited from our country's prosperity, and we are committed to giving back to our communities and our country." A company spokesperson told FOX Business the move reflects, in part, the personal philosophy of Chairman Sardar Biglari. "Our chairman, Sardar Biglari, has lived the American dream," the spokesperson said. "He started with $15,000 and went on to build Biglar Show less Read more
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