50for1

The move, if shareholders approve, would be the first stock split in the restaurant chain’s 30-year history. The move, if shareholders approve, would be the first stock split in the restaurant chain’s 30-year history. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If…

By WYATTE GRANTHAM-PHILIPS (AP Business Writer) NEW YORK (AP) — In a rare move on Wall Street, Chipotle Mexican Grill’s board has approved a 50-for-1 stock split. In an announcement Tuesday, the burrito chain lauded the proposed split as one of the biggest in New York Stock Exchange history — while noting it believed the move would also boost accessibility of the company’s stock. “This is the first stock split in Chipotle’s 30-year history, and we believe this will make our stock more accessible to employees as well as a…