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Chipotle board approves 50-for-1 stock split

Chipotle Mexican Grill “announced that its Board of Directors approved a 50-for-one split of its common stock. 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. The company intends to seek shareholder approval for this amendment at its upcoming annual meeting on June 6, 2024.”

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