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Chipotle Stock Split: Essential Information for Investors

After an astounding increase of over 7,500%, Chipotle Mexican Grill ($CMG) will undergo a significant 50:1 stock split, effective from the market opening on Wednesday, June 26, 2024. This split will reduce the share price, currently over $3,200, making it more accessible to investors. Here’s what you need to know about this pivotal event.

Key Dates for the Chipotle Stock Split

For brokerages handling the stock split, Chipotle has specified a “shareholder of record” date in its SEC filing. New shares will be issued to those who hold shares as of this date, but effectively, all shares owned by the market close on June 25th will receive the split shares the next day. If you purchase $CMG shares before June 26th, you’ll receive 49 additional shares for each share owned.

– June 18, 2024, 4 PM ET: Shareholder of record date. New shares will be issued to those who own shares at this time.

– June 25, 2024, 4 PM ET: Last day of trading for the current number of shares and share price. Brokerages may update your account after this time.

– June 26, 2024, 9:30 AM ET: The market opens with a 50-fold increase in the number of shares and a corresponding reduction in share price.


Do Chipotle Employees Receive Stocks or Options?

Chipotle offers a stock purchase plan for employees who have been with the company for at least one year. Eligible employees can buy stocks at a discount through payroll deductions, potentially yielding significant returns. This stock split will likely enable more employees to participate in the program at a more affordable level. Although some brokers offer fractional shares for smaller investments, this split will further facilitate retail investors and employees in acquiring shares.


Chipotle’s Stock Split History

This 2024 stock split is a historic first for Chipotle. Since its IPO in 2006, Chipotle’s stock has skyrocketed over 7,500%, marking an impressive growth trajectory.


What’s Next for Chipotle?

Looking ahead, Chipotle will announce its Q2 financial results on Wednesday, July 24, 2024. The quarterly earnings call will take place shortly after market close at 4:30 PM ET. Investors and analysts will be keenly watching these results to gauge the company’s performance post-split.



The upcoming 50:1 stock split is a monumental event for Chipotle Mexican Grill and its investors. By making shares more affordable, the company aims to attract a broader base of investors, including its own employees. As we approach the key dates, staying informed and understanding the implications of this split will be crucial for all stakeholders.