| Chipotle Mexican Grill announced that it is entering into an agreement with a broker to effect repurchases of the company’s Class B common stock, or single class of common stock if a pending proposal to convert into a single class of common stock is approved by Chipotle’s shareholders. The repurchases, which have been approved by the company’s Board of Directors, may commence as soon as November 11, and will be effected from time to time in open market transactions, subject to market conditions. The repurchases, if any, will be limited to a total aggregate purchase price of $100M, exclusive of commissions. :theflyonthewall.com |
Subscribe for More Information
