On December 31, 1991, Wendy’s (WEN) had a market capitalization of $43M, based on 25.83M shares at a price of $1.67.

DATE	CLOSE	VOLUME	OUTSTANDING	MARKET CAP
December 31 1991	$1.67	97,206	25,833,300	$43,038,277.80
December 30 1991	$1.73	69,462	25,833,300	$44,694,192.33
December 27 1991	$1.73	82,212	25,833,300	$44,694,192.33
December 26 1991	$1.60	49,572	25,833,300	$41,382,363.27
December 24 1991	$1.60	20,298	25,833,300	$41,382,363.27
December 23 1991	$1.54	70,992	25,833,300	$39,729,032.07
December 20 1991	$1.67	67,524	25,833,300	$43,038,277.80
December 19 1991	$1.60	85,476	25,833,300	$41,382,363.27
December 18 1991	$1.67	117,198	25,833,300	$43,038,277.80
December 17 1991	$1.79	87,720	25,833,300	$46,350,106.86
December 16 1991	$1.86	96,186	25,833,300	$48,003,438.06
December 13 1991	$1.92	170,340	25,833,300	$49,659,352.59
December 12 1991	$1.86	107,508	25,833,300	$48,003,438.06
December 11 1991	$1.73	150,450	25,833,300	$44,694,192.33
December 10 1991	$1.60	122,094	25,833,300	$41,382,363.27
December 09 1991	$1.60	43,146	25,833,300	$41,382,363.27
December 06 1991	$1.67	38,352	25,833,300	$43,038,277.80
December 05 1991	$1.67	28,152	25,833,300	$43,038,277.80
December 04 1991	$1.67	17,442	25,833,300	$43,038,277.80
December 03 1991	$1.67	21,726	25,833,300	$43,038,277.80
December 02 1991	$1.73	45,288	25,833,300	$44,694,192.33
November 29 1991	$1.73	28,356	25,833,300	$44,694,192.33
November 27 1991	$1.67	3,264	25,833,300	$43,038,277.80
November 26 1991	$1.60	44,574	25,833,300	$41,382,363.27
November 25 1991	$1.67	33,456	25,833,300	$43,038,277.80