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NEW YORK (AP) — In a rare move on Wall Street, Chipotle Mexican Grill's board has approved a 50-for-1 stock split. In an announcement Tuesday, the burrito chain lauded the proposed split as one ...
Investors seemed to cheer on the potential split — Chipotle’s stock rose nearly 5% in after-hours trading on Tuesday. The announcement comes at a time when Chipotle’s shares are trading at ...
Chipotle’s 50-for-1 stock split: One of the biggest in NYSE history. ... The announcement of a split often triggers a temporary price jump as investors anticipate future growth.
Chipotle (NYSE: CMG) is one step closer to the finish line of its historic stock split.At its annual meeting of shareholders held on June 6, 2024, shareholders approved the measure, paving the way ...
Chipotle Mexican Grill (NYSE: CMG) is doing something it's never done before in its 30-year history. The company is splitting its stock, with the operation scheduled for this week. The decision ...
Pre-split, Chipotle stock was the third-highest priced in the S&P 500 , after NVR, Inc. and Booking Holdings . Its post-split stock price is still higher than when the company went public in 2006 ...
On March 19, Chipotle's board of directors announced a 50-for-1 forward split, which marks one of the largest nominal stock splits for any company in the history of the New York Stock Exchange ...
Chipotle is cutting prices—for investors.. The fast-casual food chain has announced a 50-for-1 stock split, the first stock split in its 30-year history. Assuming shareholders approve the deal ...