Chipotle said its shareholders approved, at the annual meeting held on June 6, 2024, an amendment to increase authorized common stock from 230 million to 11.5 billion shares, tied to the 50-for-one stock split.

1. 01

   Chipotle said its shareholders approved, at the annual meeting held on June 6, 2024, an amendment to increase authorized common stock from 230 million to 11.5 billion shares, tied to the 50-for-one stock split.

2. 02

   The company said shareholders of record at the close of business on June 18, 2024 will receive 49 additional shares for each share held, payable after the close of business on June 25, 2024, and that split-adjusted trading is expected to begin on June 26, 2024.

3. 03

   The company said shareholders approved the amendment increasing authorized common stock with 24,575,721 votes for, 129,870 against and 21,331 abstentions. An amendment clarifying the Board's authority to make future charter amendments was also approved.

4. 04

   The company said none of the 4 shareholder proposals were approved. The proposal requesting an audit of safety practices received 6,862,580 votes for and 15,996,575 against. The advisory, nonbinding vote on executive officer compensation was approved.

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AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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