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July 7, 2024 at 4:45 PM. Restaurant chain Chipotle Mexican Grill (NYSE: CMG) capped an amazing run up in its share price this year with a 50-for-1 stock split in June. It was one of the largest ...
Here's What to Expect. Chipotle Mexican Grill (NYSE: CMG) has split its stock in a historic, 50-for-1 transaction (one of the biggest stock splits ever). It's the first time the company, which has ...
Considering Chipotle's price today -- about $3,214 -- the price following this 50-for-1 stock split will be about $64. Though the record day to benefit from the split was on June 18, if you buy ...
Its post-split stock price is still higher than when the company went public in 2006 at $22 per share. Bernstein analyst Danilo Gargiulo told Yahoo Finance that Chipotle could benefit from this split.
The most common stock splits are typically smaller ratios like 2-for-1 or 3-for-1 — making Chipotle's proposed 50-for-1 move pretty rare in U.S. stock history.
The company opened 52 new locations in the quarter. It also spent $151.4 million on stock buybacks at an average price of $63.52 per share. For the full year, Chipotle forecast comparable ...
Chipotle Mexican Grill (NYSE: CMG) is having a moment. The company's stock has been red-hot this year, gaining about 70% since last November. And now, investors are looking forward to its upcoming ...
June 27, 2024 at 5:47 PM. Chipotle Mexican Grill(NYSE: CMG) has been one tasty quesadilla of a stock on the exchange over the years. The fast-casual restaurant chain operator didn't have a good ...