20.03.2024 11:16:30 - dpa-AFX: Chipotle Mexican Grill Board Approves 50-for-one Stock Split

WASHINGTON (dpa-AFX) - Chipotle Mexican Grill, Inc. (CMG) said its Board
approved a 50-for-one split of its common stock. The company noted that the
stock split is subject to shareholder approval of an amendment to the company's
Certificate of Incorporation to increase the number of authorized shares of
common stock to accommodate the stock split. Also, Chipotle announced a special
one-time equity grant for all restaurant general managers as well as crew
members with more than 20 years of service.

Jack Hartung, Chief Financial and Administrative Officer, Chipotle, said: 'This
split comes at a time when our stock is experiencing an all-time high driven by
record revenues, profits, and growth.'



Copyright(c) 2024 RTTNews.com. All Rights Reserved

Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
Chipotle Mexican Grill A0ESP5 NYSE 3.175,955 12.06.24 21:01:51 +45,755 +1,46% 3.173,890 3.178,870 3.137,510 3.130,200

© 2000-2024 DZ BANK AG. Bitte beachten Sie die Nutzungsbedingungen | Impressum
2024 Infront Financial Technology GmbH