Chipotle announced that its Board of Directors authorized an additional $1.8 billion for share repurchases on December 4, 2025.

8-KRegulation FD DisclosureFiled Dec 8, 2025Period of report Dec 4, 2025Summary published (UTC) Oct 12, 2026

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AI summary

Chipotle announced that its Board of Directors authorized an additional $1.8 billion for share repurchases on December 4, 2025.
The company said the Board has historically authorized additional share repurchase pools on a quarterly basis; however, beginning with this authorization, the Board intends to authorize share repurchase pools with a larger dollar amount to cover multiple quarters.
Chipotle said that including this additional authorization, as of December 5, 2025 a total of approximately $1.85 billion remains authorized for share repurchases.
The company said it has repurchased approximately $2.3 billion of shares year to date through December 5, 2025, the share repurchase program has been in place since 2008, there is no expiration date for the program, and the repurchase authorization may be modified, suspended, or discontinued at any time.

Summary

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Analysis scope · Filing bodyWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

Additional $1.8 billion Share Repurchase Authorization

Chipotle announced that its Board of Directors authorized an additional $1.8 billion for share repurchases on December 4, 2025.

Source · Based on the filing body and exhibits

Change to Multi-Quarter Authorization Approach

The company said the Board has historically authorized additional share repurchase pools on a quarterly basis; however, beginning with this authorization, the Board intends to authorize share repurchase pools with a larger dollar amount to cover multiple quarters.

Source · Based on the filing body and exhibits

Remaining Authorized Repurchase Amount as of December 5, 2025

Chipotle said that including this additional authorization, as of December 5, 2025 a total of approximately $1.85 billion remains authorized for share repurchases.

Source · Based on the filing body and exhibits

Year-to-Date Share Repurchases of Approximately $2.3 billion

The company said it has repurchased approximately $2.3 billion of shares year to date through December 5, 2025, the share repurchase program has been in place since 2008, there is no expiration date for the program, and the repurchase authorization may be modified, suspended, or discontinued at any time.

Source · Based on the filing body and exhibits

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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