Chipotle’s board of directors approves 50-for-1 stock split

Sharing is Caring!

Chipotle Mexican Grill
said on Tuesday its board had approved a 50-for-1 split of its common stock, sending the burrito chain’s shares about 7% higher in extended trading.

See also  14-year-old makes school board walk out.

The California-based company said the stock split was subject to shareholder approval at its upcoming annual meeting on June 6. If approved, shareholders of record as of June 18 will get 49 additional shares for each share held.

See also  OpenAI Board Member says - Almost all forms of human labor' will be replaced by artificial intelligence
Views: 67

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.